(Recasts, adds background, spokeswoman quote) NEW YORK, Feb 20 (Reuters) - Nissan Motor Co. Ltd. will offer lump-sum payment buyouts to hourly workers for the first time in North America as it copes with declining truck sales in the world's largest market. Nissan, Japan's third-largest automaker, said on Tuesday it will offer the buyouts to workers in Smyrna and Decherd, Tennessee. The program will include a $45,000 lump sum payment and $500 for each year of service. "Higher demand for ...
Premium Content (PAID Subscription Required)
"UPDATE 2-Nissan offers buyouts at 2 Tennessee plants" 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
Lisa Williamson by email: firstname.lastname@example.org or phone: (248) 799-2642
Current subscribers, please login or CLICK for support information.