Job Market Monitor
Nissan
Nissan – To cut 12,500 jobs
Nissan will reduce at least 12,500 positions globally by March 2023 – its deepest job cuts since 2009 – and slash production capacity, mainly of compact cars at underutilised plants abroad. The move will shrink its product line-up by about 10%, Saikawa said, Nissan CEO Hiroto Saikawa attends a news conference to release first quarter … Continue reading
Nissan – A New Thai plant
Nissan Motor Co Ltd (7201.T) said on Friday it was investing 11 billion baht ($358 million) to build a second assembly plant in Thailand that will have an annual production capacity of 75,000 vehicles when it opens in August 2014. Capacity would eventually be raised to 150,000 vehicles. “Adding 150,000 units of production capacity will … Continue reading
UK | Nissan new hatchback will create 1,000 jobs
Japanese car giant Nissan is to build a new hatchback at its UK plant, creating more than 1,000 jobs at the site and at component companies. The announcement was made by Prime Minister David Cameron and Nissan chief operating officer Toshiyuki Shiga, during a visit to Nissan’s headquarters in Yokohama, Japan on Tuesday. The new … Continue reading
UK | Vantec Europe to create 230 jobs
More than 200 jobs are to be created in Sunderland by a warehousing and logistics firm as part of a £22.5m investment. Vantec Europe is planning to invest in a 421,000 sq ft building at Turbine Business Park. The firm employs more than 800 people in the north-east of England and said it would create … Continue reading
Nissan’s Sunderland success story
BBC: Nissan’s decision to build its new Invitation car in Sunderland is the third statement of confidence in the plant in the last two years. In 2010 the company announced plans to manufacture the new electric Leaf in Wearside and last year it said it would also produce the new Qashqai on the site. The … Continue reading
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