Nissan Motor Co. is introducing a new, higher-tech production system globally to...
FILE PHOTO: A Nissan logo is pictured at the Tokyo Motor Show, in Tokyo, Japan October 24, 2019. REUTERS/Edgar Su/File Photo
The updated equipment and other technologies, which include increased automation for applying sealant and installing powertrains, will be rolled out starting with Nissan’s Tochigi factory from next year at a cost of 33 billion yen , the company said on Thursday. Nissan has seen profit plunge this fiscal year, hit by a stronger yen and falling sales in its key markets of China and the United States, forcing it to slash its forecast for operating income to an 11-year low.
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