Nissan to close Philippines car assembly operations
21 January 2021 - 08:28
By Reuters
Image: Christopher Jue/Getty Images Nissan on Thursday confirmed that it will be closing its Philippine car assembly operations.
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 optimise production and efficient business operations” in Southeast Asia.