Nissan will cut 1,000 jobs as sales decline

Nissan México will lay off 1,000 workers in Aguascalientes and Morelos in response to a decline in sales.

“In response to the challenging market conditions in Mexico, Nissan is adjusting its production levels in its Morelos and Aguascalientes plants,” the Japanese automotive manufacturer said in a statement.

The dismissals will begin in January and affect assembly line workers.

The company did not specify how much it will reduce production, but the Mexican Automotive Industry Association said Nissan’s production was down 9% between January and November, during which time sales declined 14.3%.

The auto maker assembles its Kicks, March, Versa and Sentra models at the plants located in the cities of Aguascalientes and Cuernavaca.

Nisan has invested more than US $5 billion in the two plants over the last 13 years, and annual production has grown from 349,000 units to 829,000.

Source: El Universal (sp)

Have something to say? Paid Subscribers get all access to make & read comments.

Mexico’s week in review: El Tri advances and visiting fans fall in love with Mexico

0
The first week of the World Cup in Mexico was a resounding success, with El Tri winning its group and visiting fans finding plenty to love beyond the matches.
The Angel of Independence monument, high above Paseo de la Reforma in Mexico City.

Get ‘more smarter’ with MND Intelligence: A perspective from our CEO

1
A note from our CEO on why we created the new MND Intelligence section — and how these tools can help you make smarter decisions about living, traveling or doing business in Mexico.
Mexican World Cup soccer fans gather at Mexico City's Angel of Independence

Opinion: The Mexico that World Cup headlines are missing

5
The world was warned Mexico couldn't pull this off. A week into the World Cup, the facts tell a different story, writes Charlotte Smith.
BETA Version - Powered by Perplexity