Nissan to close factories, but Sunderland is safe
Japanese brand will continue building cars in the North East of England, despite announcing factory closures in Spain and Indonesia...
Nissan has confirmed that it will continue to build cars in Sunderland, despite announcing a recovery plan that will see it reduce its global production capacity by 20%.
The recovery plan comes not only in the wake of the coronavirus pandemic, but also a year in which Nissan reported its first annual operating loss for 11 years and its biggest for two decades.
The plan will see the Japanese brand close factories in Spain and Indonesia, but appears to have secured the long-term future of its Sunderland factory, which has about 6000 employees and supports around 27,000 jobs in the supply chain.
The news will also come as a relief to the UK Government, particularly following Honda's announcement last year that it will close its Swindon factory in 2021.
In addition to reducing production capacity, Nissan's recovery plan will see it focus its resources on "globally competitive models" – specifically, family SUVs, large SUVs, electric cars and sports cars.
One of these models will be a successor to today's 370Z sports car, and Nissan has released a new teaser image of the car (above), which will be called the 400Z.
Details are currently scarce, but we do know that power for the 400Z will come from a twin-turbocharged 3.0-litre V6.
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