the Second-largest Japanese automaker Nissan Motor Co plans until the end of December to cut production of cars by 30% in the annual comparison, as the demand for coronavirus complicates the company's efforts to restore profitability, said Reuters two sources familiar with the situation.
Nissan plans to produce about 2.6 million cars in the period from April to December, compared with 3.7 million in the same period last year, the sources said.
the World's automakers faced difficulties after the beginning of the year, their plants were closed, to stop the spread of the outbreak of coronavirus.
car Dealerships were also closed in many countries, which led to a sharp drop in car sales in the period from March to may, although in June the decline in sales slowed down.
Recall that in the previous fiscal year (it ended on 31 March of the current year) loss of the company Nissan has made 671,2 billion yen (about 6.3 billion dollars).