Overview

• Nissan will cease output at its Civac plant by March 2026 and transfer vehicle production to the Aguascalientes complex during the current financial year.
• The move is part of the Re:Nissan plan to cut global capacity from 3.5 million to 2.5 million vehicles and reduce manufacturing sites from 17 to 10 by March 2027.
• The automaker reported a 79.1 billion yen operating loss for the April–June quarter, citing U.S. tariffs, restructuring costs and lower sales volumes.
• Under CEO Ivan Espinosa’s overhaul, Nissan will cut its global workforce by 15 percent, establish a transformation office and pause new product development until after March 2027.
• Espinosa said that consolidating operations in Mexico will enhance the company’s efficiency, competitiveness and long-term sustainability.