Japan's Nissan Motor will stop its Philippine car assembly operations, the Southeast Asian country's trade minister said on Thursday.
The closure will affect the Almera model, and 133 workers will lose jobs, Philippine trade secretary Ramon Lopez said in a statement. It said the move was part of Nissan's “plan to optimise production and efficient business operations” in Southeast Asia.
Nissan to close Philippines car assembly operations
Image: GETTY IMAGES/ CHRISTOPHER JUE
Japan's Nissan Motor will stop its Philippine car assembly operations, the Southeast Asian country's trade minister said on Thursday.
The closure will affect the Almera model, and 133 workers will lose jobs, Philippine trade secretary Ramon Lopez said in a statement. It said the move was part of Nissan's “plan to optimise production and efficient business operations” in Southeast Asia.
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