Nissan To Close Philippines Car Assembly Operations

Nissan
FILE PHOTO: A visitor is seen at a Nissan Motor Corp. showroom in Tokyo, Japan November 11, 2020. REUTERS/Issei Kato/File Photo

MANILA — Japan’s Nissan Motor will stop its Philippine car assembly operations, the Southeast Asian country’s trade minister said on Thursday.

The closure will affect the Almera model, and 133 workers will lose jobs, Philippine Trade Secretary Ramon Lopez said in a statement. It said the move was part of Nissan’s “plan to optimize production and efficient business operations” in Southeast Asia. 

Reporting by Neil Jerome Morales; Editing by Martin Petty; Reuters

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