Nissan’s crisis is aggravated and cuts jobs in the US: seeks to reduce costs for US $ 2,600 million

Nissan’s crisis is aggravated and cuts jobs in the US: seeks to reduce costs for US $ 2,600 million

In the midst of a worldwide economic crisis, automotive Nissan He is cutting personnel on three plants in the United States, so he is offering compensation packages to his workers, In an attempt to reduce 2.6 billion dollars in global costs, a company spokesman said Thursday.

Vehicle factories in Smyrna, Tennessee, and Canton, Mississippi, will be those affected, as well as a Decherd engines plant, Tennessee.

The Nissan spokesman refused to say how many US workers expect them to accept the voluntary purchase offer. The company could potentially cut around 1,500 jobs with the measurementthe Nikkei newspaper reported early Thursday.

In November, the company announced a plan to cut 9,000 jobs worldwide and reduce the maximum capacity of its 25 vehicle production lines, since it suffers a fall in sales in China and North America.

Less than two months after the company revealed that plan, Nissan and Honda Motor said they would initiate conversations about a fusion that could potentially create the third largest car group in the world, with an annual production of 7.4 million vehicles.

Nissan Motor and Honda Motor signed at the end of 2024 a memorandum of understanding to initiate conversations and considerations with a view to a business integration between the two companies by establishing a joint holding company.

The fusion of these companies – which includes Mitsubishi – would imply the creation of the third automotive of the world in volume, with sales for US $ 52,000 million.

Within the framework of the announcement, Makoto Uchida, director, president, CEO and executive representative of Nissan, said: “Today is a decisive moment, since we start conversations about the business integration that has the potential to shape our future. If you are Concrete, I think that, by joining the strengths of both companies, we will be able to offer incomparable value to customers around the world who appreciate our respective brands. The two companies could achieve on its own. “

The director and executive representative of Honda, Toshihiro Mibe, said: “The creation of a new mobility value through the union of resources, including knowledge, talents and technologies that Honda and Nissan have been developing for many years is essential To overcome the challenging environmental changes facing the automotive industry. Commercial integration by the end of January 2025, we strive to be the only leading company that creates new mobility value through a chemical reaction that can only be promoted through the synthesis of the two teams. “

To further accelerate their efforts to achieve a neutral carbon society and a society with zero traffic accidents, Nissan and Sling They signed a memorandum of understanding on March 15 on a strategic association for the era of intelligence and electrification of vehicles. Since then, the two companies have maintained conversations aimed at collaborating in several fields.

On August 1, both companies signed another memorandum of understanding for deepen the framework of the strategic association. The companies also announced that they had agreed to carry out a joint investigation in fundamental technologies in the platform area for vehicles defined by next generation software (SDV), in particular in the crucial areas for intelligence and electrification, to advance in the discussions focused on a more concrete collaboration.

Throughout the process, Nissan and Honda have participated in conversations in which several possibilities and options have been taken into account. At the same time, the business environment of both companies and the automotive industry in general has changed rapidly and the speed of technological innovation has continued to accelerate. The memorandum of understanding between Nissan and Honda announced today aims to serve as an option to maintain global competitiveness and for the two companies to continue delivering more attractive products and services to customers around the world.

Source: Ambito

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