US EditionStruggling Nissan to End Production at Plant in Mexico in FY 2025
MORELOS, MEXICO, JUL 30 – Nissan will cut global production capacity by 1 million units and close seven sites to address $4.5 billion fiscal 2024 losses amid sluggish sales.
- Amid its restructuring, Nissan said Wednesday that it will end production at the CIVAC Plant in Morelos, Mexico, by March 2026, shifting output to Aguascalientes.
- After reporting a steep loss, Nissan said it is under pressure to cut excess capacity amid sluggish global sales.
- As Nissan phases out historic sites, the CIVAC Plant in Mexico, nearly 60 years old, has built over 6.5 million vehicles and accounts for 11 percent of Nissan’s production.
- Nissan’s report warns that 20,000 jobs could be cut, with Reuters stating plants in India, Argentina, and South Africa may also be at risk.
- Under its Re:Nissan strategy, Nissan plans to reduce global production capacity from 3.5 million to 2.5 million units and cut plants from 17 to 10 by fiscal 2027.
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mural.com.mxNissan stop the production of cars at its Cuernavaca plant, which started operations in 1966 and mark its expansion outside of Jap n.
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Mainichi ShimbunStruggling Nissan to end production at plant in Mexico in FY 2025
Nissan Motor Co. said Wednesday that it will end production at a plant in central Mexico by the end of fiscal 2025 as part of a restructuring plan that involves shutting down seven production sites.
Jiutepec, July 30. Nissan Motor Co., Ltd. confirmed the closure of the plant of the Cuernavaca Valley Industrial City (Civac), located in the municipality of Jiutepec, Morelos to move that production to the Nissan complex in Aguascalientes. This decision is part of the global measures of restructuring the production that the Japanese company announced under the plan Re:Nissan. In a press release, Nissan said that “this movement will strengthen t…
Aguascalientes and Nissan strengthen their relationship with the car's decision to concentrate all its production in the state.This measure reflects the advances in security, infrastructure and innovation promoted by the government of Tere Jiménez.Nissan closes plant in CuernavacaNissan announced that it will close its plant in Cuernavaca, Morelos, and will transfer its operations to Aguascalientes at the end of the fiscal year, in March 2026. T…
The Civac plant will stop operating in the first quarter of 2026. The closure affects 2,400 workers in Morelos. It is part of a global restructuring to reduce production. Closing after more than half a century Nissan confirmed the closure of its Civac plant in Cuernavaca, Morelos, as part of its global plan “Re: Nissan”, which seeks to reduce its global production capacity from 3.5 to 2.5 million units. Operations will cease in the first quarter…
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