Investing in Nissan’s Spanish factory is cheaper than closing it, says industry ministry official

Nissan Motor logo

Nissan Motor would find it cheaper to invest in its factory located in Barcelona than to close it, a senior Spanish industry ministry official stated on Monday, pegging the estimated cost of a shutdown at over 1 billion euros ($1.1 billion). Europe has long been a difficult market for automakers because of overcapacity, tough competition […]

Several Renault-Nissan plants in Spain halted due to coronavirus

Renault-Nissan logo

Several Renault-Nissan plants in Spain have temporarily stopped production on Friday or were planning stoppages next week because of a lack of parts amid the coronavirus epidemic, company officials stated. Nissan’s two Barcelona plants stopped operations on Friday afternoon as a wheels provider was affected by a lockdown in the town of Odena nearby due […]