Nissan to end vehicle production at Wuhan plant in China-Yomiuri


Nissan to end vehicle production at Wuhan plant amid stiff competition from Chinese automakers

Nissan to end vehicle production at Wuhan plant amid stiff competition from Chinese automakers
| Photo Credit:
Bloomberg

Nissan Motor will end vehicle production at its Wuhan plant in China during the current business year which ends March 31, 2026, the Yomiuri newspaper reported citing sources it did not identify.

The decision comes after the operation rate at the 300,000 vehicle capacity plant, which produces the Ariya electric vehicle and X-Trail SUV, fell below 10 per cent of capacity amid stiff competition from Chinese automakers, the Yomiuri said.

Nissan declined to comment on the report about the plant, which it has leased from Dongfeng Motor since 2022.

The Japanese carmaker on Thursday forecast a record net loss of 700 billion yen to 750 billion yen ($4.87 billion-$5.22 billion) for the financial year that ended in March due to impairment charges. ($1 = 143.6700 yen)

Published on April 26, 2025



Source link

Author Profile
Managing Director at  | 09158211119 | [email protected] | Web

Anurag Dhole is a seasoned journalist and content writer with a passion for delivering timely, accurate, and engaging stories. With over 8 years of experience in digital media, she covers a wide range of topics—from breaking news and politics to business insights and cultural trends. Jane's writing style blends clarity with depth, aiming to inform and inspire readers in a fast-paced media landscape. When she’s not chasing stories, she’s likely reading investigative features or exploring local cafés for her next writing spot.

Leave a Reply

Your email address will not be published. Required fields are marked *