UPDATE 2-Nissan offers buyouts at 2 Tennessee plants

Newswire

(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 ...

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