The carmaker is now reaching out to potential buyers for its factories in the UK and Spain, the report said, citing people familiar with the matter.
“At this time, we have no plans to sell those plants in Europe,” the company said in an email statement. Nissan is likely to axe its Datsun brand, drop some unprofitable products and close a number of assembly lines worldwide, as it seeks to boost profits by getting smaller, Reuters reported on Wednesday citing two company sources with direct knowledge of the matter.
All markets with factories except China were being looked at for possible reductions in production capacity, one of the sources told Reuters on Wednesday. However, there were no plans to close an entire plant or withdraw completely from any country, the source added. -- Reuters
Maybe a change or rebrand the Nissan name because locally it means a tombstone.
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