Nissan Motor Co. Ltd. will shut five plants, trim its workforce by 21,000 employees and chop its supplier network in half under a $10 billion cost reduction program unveiled last week to revive the Japanese automaker whose operations by the end of 1998 amassed a massive $19.4 billion debt. The so-called Nissan Revival Plan was presented by Nissan Chief Operating Officer Carlos Ghosn, the former Renault SA executive vice president named Nissan COO after Renault took a controlling 37% ...

Premium Content (PAID Subscription Required)

"Printer-friendly" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Already registered? here.