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Automobiles

Nissan to cut capacity by 20% and close a plant in Spain

Exclusive: Renault and Japanese partners that feuded post-Ghosn move closer

Workers assemble engines at a Nissan plant in Barcelona.   © Reuters

TOKYO -- The Japanese-French alliance of Nissan Motor, Renault and Mitsubishi Motors is being forced into a major reshuffle by the coronavirus pandemic that could include Nissan slashing production capacity by 20% in the fiscal year through March 2023.

The partners, who have been at odds since former Chairman Carlos Ghosn was arrested in Tokyo in November 2018, also plan to redraw their production map in a bid to make more efficient use of their capacity.

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