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  Business   Autos  19 Apr 2019  Nissan to cut global production by 15 per cent: Nikkei

Nissan to cut global production by 15 per cent: Nikkei

REUTERS
Published : Apr 19, 2019, 11:13 am IST
Updated : Apr 19, 2019, 11:13 am IST

The move is expected to impact earnings and could cast a pall over its alliance with French automaker Renault.

The Japanese automaker aims to produce about 4.6 million units in fiscal 2019.
 The Japanese automaker aims to produce about 4.6 million units in fiscal 2019.

Nissan Motor Co Ltd will cut global production by about 15 per cent for the fiscal year ending March 2020 as the company shifts away from the aggressive expansion campaign promoted by former Chairman Carlos Ghosn, the Nikkei newspaper reported on Friday.

The Japanese automaker aims to produce about 4.6 million units in fiscal 2019, according to plans being communicated to its suppliers. The move is expected to impact earnings and could cast a pall over its alliance with French automaker Renault, the Nikkei said.

 

Tags: nissan, production, carlos ghosn, nissan cars, nikkei