Tokyo (Nov. 14, 2008) - Nissan Motor Co., Ltd. announced a further production reduction of 72,000 units in Japan. This follows the previous announcement to reduce global production by more than 200,000 units at its first-half financial results on October 31.
In light of declining sales in major global markets, the production cut is necessary in order to manage inventory levels and ensure a balanced production supply.
Production adjustments will be made as follows:
1. Production
| Plant | Effective December 2008 |
|---|---|
| Tochigi | Implement non-operating days. Reduce production line speed. |
| Kyushu | |
| Oppama | Reduce production by 4 shifts in the month of December. |
| Plant | Effective December 2008 |
|---|---|
| Iwaki | Implement non-operating days. |
| Yokohama |
2. Workforce
Nissan will maintain 1,000 short-term employees until the end of 2008. This will be reduced to 500 short-term employees for the next year.
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