Monday, June 25, 2012

Toyota and Nissan to cut Japanese production

Toyota and Nissan to cut Japanese production

No surprise here. Both Nissan and Toyota have moved to cut production in Japan, according to Reuters. Nissan has made it clear that it will will drop capacity from the 1.35 million units produced in 2011 to 1.15 million in 2013. In 2012, Nissan expects to produce 1.22 million vehicles in its home country, though production is expected to increase in countries like China, Brazil and Russia to help offset the drop. The report says Nissan has already stopped production on two lines at its Oppama plant, and the manufacturer has plans to stop production of the Tiida in Japan altogether.

The story is much the same with Toyota.

Autoblog , Toyota and Nissan to cut Japanese production, Toyota and Nissan to cut Japanese production

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