InfoAnda - Nissan cuts production further in Japan

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Navigation Primary Navigation Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Secondary Navigation Singapore Asia Pacific World Search Search: Nissan cuts production further in Japan AFP - Saturday, November 15 TOKYO (AFP) - - Nissan Motor Co. said Friday it would further cut production in Japan of large and luxury cars meant for export to the United States and Europe as demand slumps. Japan's third largest automaker said last month it would reduce production of its Infinity brand luxury cars and its Murano and Rogue sports utility vehicles by a total of 65,000 units between November and March. Nissan said Friday it would slash production by another 72,000 units through March. The cuts would reduce Nissan's total output in Japan by 9.7 percent from the 1.388 million vehicles it initially planned to produce in the year to March. Nissan last month announced it was axeing 3,500 jobs worldwide and cut its full-year forecasts by two-thirds. The global slowdown has badly shaken Japan's automakers, which in recent years have cashed in on worldwide demand for their smaller and more fuel-efficient cars. Japan's largest automaker Toyota Motor Corp. said last week it was reviewing its expansion plans. The Nikkei newspaper said Friday that Toyota may delay production at a new plant in the United States. Email Story IM Story Printable View Blog This Recommend this article Average (0 votes) Sign in to recommend this article » Most Recommended Stories » Related Articles: Business Reports: RBS to cut 3,000 jobs globallyAP - 1 hour 6 minutes ago Boeing engineers seek strike authorization voteAP - 1 hour 6 minutes ago Natixis sees opportunity in China renewables sectorReuters - 1 hour 19 minutes ago Thailand's Italian Thai turns to big net loss in Q3Reuters - 1 hour 23 minutes ago India cbank loans to govt 52.6 bln rupees wk to Nov 7Reuters - 1 hour 23 minutes ago Enlarge Photo Nissan cuts production further in Japan Related Photos Slideshow Full Photo Coverage: Business & Economy Most Popular – Business Viewed Ancient 4,300-year-old pyramid discovered in Egypt Britney Spears's son hospitalized: statement Earth would be heading to a freeze without CO2 emissions China mulls crackdown on lip-synching Bin Laden is isolated, focused on his own security: CIA View Complete List » Search: Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular

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