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Nissan closes its Oppama plant in Japan to cut costs
JAPAN, JUL 14 – Nissan will cut 20,000 jobs and reduce global production capacity from 3.5 million to 2.5 million vehicles as part of a plan to consolidate factories and improve profitability.
Nissan is closing its flagship Oppama plant in Japan and moving all production to its Kyushu plant to cut costs.
The Oppama plant, which began operations in 1961, produced Nissan's Leaf electric car and currently produces the Note compact car.
Nissan reported a loss of 670.9 billion yen for the fiscal year through March, down from a 426.6 billion yen profit in the previous year.
Unit in Oppama, which has produced nearly 18 million vehicles since 1961, will have its transferred production of the proximity of Tokyo in 2028 for plants of the company in the Fukuoka region in the south of the country