Nissan Motor plans to close Barcelona factories, 3,000 jobs lost; Spain's govt urges carmaker to consider alternatives

Spain's government says that Japanese carmaker Nissan Motor Co. has decided to close its manufacturing plants in the northeastern Catalonia region, resulting in the loss of some 3,000 direct jobs

The Associated Press May 28, 2020 14:35:28 IST
Nissan Motor plans to close Barcelona factories, 3,000 jobs lost; Spain's govt urges carmaker to consider alternatives

Madrid: Spain's government says that Japanese carmaker Nissan Motor Co. has decided to close its manufacturing plants in the northeastern Catalonia region, resulting in the loss of some 3,000 direct jobs.

Spain's Industry Ministry says in a statement on Thursday that it regrets the company's decision despite proposals to keep the plant running, and urges the car manufacturer's executives to consider alternatives.

Click here to follow LIVE news and updates on stock markets

Workers' unions had warned that 20,000 more jobs in Nissan's local supply chain would also be threatened if the company closed its car manufacturing plant in Barcelona and two smaller factories in nearby towns.

Reeling from a scandal involving its former chairman, Carlos Ghosn, Yokohama-based Nissan was due to report on Thursday its annual results, which are expected to come as the first yearly loss in 11 years.

The company is undergoing a deep restructuring, focusing on China, North America and Japan and leaving the European market, Russia, South America and North Africa to its partner Renault; and Southeast Asia and Oceania to Mitsubishi.

Updated Date:

Find latest and upcoming tech gadgets online on Tech2 Gadgets. Get technology news, gadgets reviews & ratings. Popular gadgets including laptop, tablet and mobile specifications, features, prices, comparison.

also read

LaLiga: Jaime Mata's brace moves Getafe closer to Champions League spot with win over Real Sociedad
Sports

LaLiga: Jaime Mata's brace moves Getafe closer to Champions League spot with win over Real Sociedad

It was the first post-break win for Getafe, which had drawn three in a row after resuming with a loss at Granada.

LaLiga: Villarreal move closer to Champions League spot after win against Real Betis; Valencia suffer third straight loss
Sports

LaLiga: Villarreal move closer to Champions League spot after win against Real Betis; Valencia suffer third straight loss

Villarreal's Gerard Moreno converted a seventh-minute penalty kick and added to the lead from inside the area in the 30th to become the league's top-scoring Spaniard with 15 goals

Spain's World Cup-winning captain Iker Casillas bids quiet goodbye to professional career at Porto
Sports

Spain's World Cup-winning captain Iker Casillas bids quiet goodbye to professional career at Porto

Casillas was given a role on the team’s technical staff at the start of this season and was included in the first-team squad, although he was never named in a matchday squad.