Nissan hasn’t ruled out closing its Sunderland plant as part of a radical restructure of the cash-strapped company after talks with Honda over a merger broke down.
Nissan said on 13 February that it will shut three plants globally between now and the end of the 2026 financial year as it works to find savings equivalent to £2 billion. It named only its Thailand plant as one of the three slated for closure.
“Given the latest performance of our company and the changing environment, it is essential we explore options without any taboo and carry out a deeper structural reform,” CEO Makoto Uchida said on the company’s latest financial results call on 13 February.
