Nissan will close two auto plants in Mexico as part of restructuring
By ForGeeks
Japan’s Nissan Motor has announced the closure of two car plants in Mexico, in Aguascalientes and Cuernavaca. The decision comes as part of Re:Nissan’s global program to reduce losses and restructure its business.
The decision comes as part of a global program to reduce losses and restructure its business.
The COMPAS plant will close along with Mercedes-Benz
The COMPAS plant, located in Aguascalientes, is the first to be downsized. It’s a joint venture between Nissan and Mercedes-Benz that opened in 2017. It produced the Infiniti QX50/55 and Mercedes-Benz GLB front-wheel-drive crossovers built on a common platform.
The site has a production capacity of 230,000 vehicles a year, and its construction cost the partners tens of millions of dollars. The plant will now cease operations and the joint venture will be dissolved.
Nissan’s first overseas plant is also closing
The second Mexican plant included in the closure plan is a facility in the CIVAC industrial zone in Cuernavaca. It opened in 1966 and was Nissan’s first plant outside of Japan. Since 1972, the site worked mainly for export, including supplying cars to Russia. At various times Tiida, Sentra, and in recent years – Navara and NP300 pickup trucks for Latin American markets were assembled here.
The design capacity of the plant is more than 300 thousand cars per year, but in recent years the actual utilization has barely reached 30%. For 2025, the production plan is only 57,000 vehicles, which was one of the reasons for the closure.
The plant’s capacity is over 300,000 vehicles per year, but in recent years it has barely reached 30% capacity.
Nissan to close a third of all production
According to Re:Nissan’s strategy, the company plans to close a total of seven plants worldwide, about a third of its current number of production sites. The main goal is to reduce costs and adapt the production network to changing demand.
The story Nissan to close two auto plants in Mexico as part of restructuring was first published on ITZine.ru.
