TOKYO (Reuters) -Nissan Motor Co will cease vehicle production at its Oppama plant in Japan by the end of March 2028 and transfer operations to its factory in Kyushu, the company said on Tuesday.
The move is part of its global restructuring plan to reduce production capacity to 2.5 million units from 3.5 million and consolidate production sites to 10 from 17, it said in statement.
The costs related to the plant closure are under assessment and will be disclosed during Nissan’s first-quarter financial announcement.
(Editing by Chang-Ran Kim)
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