As it restructures its operations, automaker Nissan says it is amenable to sharing manufacturing with its Chinese state-owned partner, Dongfeng, worldwide. According to the BBC, the Japanese company, which has hundreds of employees in the UK, might introduce Dongfeng “into the Nissan production ecosystem globally.”
The faltering business said this week that it will close seven plants and lay off 11,000 employees, although it did not specify where the layoffs would be.
At a Financial Times-hosted conference on Thursday, Nissan’s CEO Ivan Espinosa discussed the company’s UK facility, saying: “We have announced that we are introducing new automobiles in Sunderland… There are no plans to go around Sunderland soon.
Nissan’s recent layoffs followed 9,000 layoffs that were announced in November due to the company’s poor sales in important area,s including China and the US. 15% of its employees will be let go as part of a cost-cutting measure that it claims will slash its worldwide output by 5%. Due to fierce competition that has caused costs to drop, Nissan’s brands have had difficulty breaking into China, the largest automobile market in the world.
For more than two decades, it has collaborated with Beijing-controlled Dongfeng, and the two companies now manufacture automobiles jointly in Wuhan, China. Nissan has over 133,500 employees worldwide, including roughly 6,000 in Sunderland.
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