From Nasdaq: 2025-05-16 15:15:00

Nissan is considering incorporating its Chinese partner, Dongfeng, into its global manufacturing network to cut costs. This follows Nissan’s plan to cut 11,000 jobs and close seven factories worldwide, reducing its workforce by 15%. Despite layoffs, Nissan reassures workers at its UK Sunderland plant, which will benefit from new electric vehicle production. The partnership with Dongfeng may expand into a broader collaboration to enhance cost-efficiency. Amid financial losses, Nissan’s recovery plan includes pausing new product development. To support UK operations, Nissan’s battery supplier received a one-billion-pound investment to expand its gigafactory near the Sunderland plant.



Read more at Nasdaq: Nissan Considers Global Factory Integration With Dongfeng Amid Sweeping Restructuring