Nissan plans to close its Oppama plant in Japan by March 2028 to cut costs and consolidate production at another plant in Fukuoka Prefecture.
The Oppama plant was significant for Nissan as it produced the Leaf electric car but is now being shuttered as part of the company's restructuring efforts to enhance profitability.
The closure of the Oppama plant was anticipated as Nissan aims to streamline operations and improve financial performance amid challenges such as tariff policies and declining vehicle sales.
Nissan has announced workforce reductions and plant closures globally to reduce costs and regain profitability, with the company reporting significant losses in the past fiscal year.