Automaker Plans to Consolidate Production Plants by 2027

The automaker also said it would “consolidate its vehicle production plants from 17 to 10 by fiscal year 2027.” Of Japan’s major automakers, Nissan is likely to be the most severely impacted by U.S. President Donald Trump’s 25% tariff on imported vehicles, Bloomberg Intelligence analyst Tatsuo Yoshida told AFP ahead of Tuesday’s earnings report. Japan’s Nissan posted an annual net loss of $4.5 billion on Tuesday while saying it plans to cut 15% of its global workforce and warning about the possible impact of U.S. tariffs.