Nissan to close Philippines car assembly operations

The closure of Nissan's Philippines car assembly plant will affect the Almera model and cost 133 jobs.
By : Reuters
| Updated on: 21 Jan 2021, 17:21 PM
File photo of Nissan logo (REUTERS)
File photo of Nissan logo (REUTERS)
File photo of Nissan logo (REUTERS)
File photo of Nissan logo

Japan's Nissan Motor will stop its Philippine car assembly operations, the Southeast Asian country's trade minister said on Thursday.

The closure will affect the Almera model, and 133 workers will lose jobs, Philippine Trade Secretary Ramon Lopez said in a statement. It said the move was part of Nissan's "plan to optimize production and efficient business operations" in Southeast Asia.

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First Published Date: 21 Jan 2021, 17:21 PM IST
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