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Nissan Reorganization: Design Centers Shifted & Production Cuts

by Priya Shah – Business Editor

Nissan Restructures Global Design Operations, Consolidating Studios

Nissan is streamlining its design institution, consolidating ⁢five ‌global studios into three primary centers: Los Angeles, London, and Tokyo/Atsugi, Japan. The move, announced by the automaker, aims to simplify design ‍activities and is​ slated for completion by the end of the 2025⁤ financial year.

The restructuring is a key component of ‌Nissan’s broader⁣ “RE: Nissan” recovery⁤ plan,unveiled⁣ in May by CEO Ivan Espinosa,who was appointed in April. Facing pressure to restore ⁤profitability, Nissan is undertaking notable‍ changes, including‍ reducing global ​production capacity from 3.5 million to 2.5‍ million ​vehicles ⁢and shrinking its number of production ⁣sites from ⁣17 to 10 by the 2027 ‍financial⁢ year.

Nissan ‌stated that its Los Angeles “studio Six” will serve as the primary design hub for ​the US market.The ⁢London design center will continue⁤ to support Nissan and its Renault partner across Africa, the Middle East, india, Europe, and ⁢Oceania.

The company has not disclosed the number of⁤ jobs impacted⁢ by the reorganization.

Source: Reuters

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