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Nissan is considering selling its two factories in Europe



Nissan is considering selling two factories on the Old Continent, as this Japanese manufacturer is preparing a recovery plan as the global auto industry makes costly moves toward electric vehicles.


Sunderland factory - Juke 2 production (Photo: Nissan promo)

Sunderland factory – Juke 2 production (Photo: Nissan promo)

Referring to unnamed sources familiar with the topic, Blumberg reports that Nissan on the contrary, it captures the interest of potential customers for its panicking UK plants.

Another option the manufacturer is testing is to sell one of the factories, as the brand's triple share in Europe has declined. Although no decision has yet been made, some Chinese companies are among the potential buyers of these plants.

Nissan's profit fell to almost zero during the first half of the year, with new chief executive Makoto Uida facing problems early in his term.

However, a Nissan spokeswoman Azusa Momose said that at this time the Japanese manufacturer does not plan to sell its two factories in Europe.

Sunderland factory - Juke 2 production (Photo: Nissan promo)

Sunderland factory – Juke 2 production (Photo: Nissan promo)

Nissan announced in July that it plans to cut 12,500 jobs worldwide as it wants to focus on its parent markets, as well as China and the US.

In addition, Nissan is considering importing its models to Europe directly from Japan, now that trade barriers with the EU have disappeared. If he makes this move, will no longer need factories in the region.

The Japanese automaker also plans to reduce a number of unprofitable models, including a low-cost brand. Datsun as a whole. It is alleged Nissan Micra one of them.

Nissan has already announced a number of cost-cutting measures in Europe, including the elimination of 600 jobs at its Barcelona plant, which currently operates under 200,000 vehicles a year.

A UK factory in Sunderland was also in focus as Nissan warned local authorities that Bregzit would render the facility inoperable without agreement.

Sunderland factory - Juke 2 production (Photo: Nissan promo)

Sunderland factory – Juke 2 production (Photo: Nissan promo)


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