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 ...

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
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Already registered? here.

Sponsored Introduction Continue on to (or wait seconds) ×