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Nissan Cuts Kyushu Plant Production Due to Blocked Middle East Exports—Nikkei Reports
Investing.com — According to Nikkei News on Tuesday, due to escalating tensions in the Middle East causing disruptions to exports, Nissan Motor (TYO:7201) will cut production of approximately 1,200 vehicles this month at its Kyushu plant in Japan.
The report states that, as shipments to the region are disrupted, Nissan will reduce the production of non-Middle East destination models at its Kyushu plant in Fukuoka Prefecture to free up storage space.
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The report notes that one of Nissan’s flagship models in the Middle East market, the large SUV Patrol, will continue to be produced at normal levels at Nissan’s Kyushu plant nearby, due to strong demand and high profitability.
However, the report adds that, due to logistics route restrictions, vehicles destined for the Middle East are currently stored domestically.
The disruption stems from heightened tensions related to the Iran conflict, as well as shipping risks around the crucial Strait of Hormuz.
According to Nikkei, Toyota Motor Japan also announced that it will cut the production of about 40,000 vehicles destined for the Middle East before April.
This article was translated with the assistance of artificial intelligence. For more information, please see our Terms of Use.