YOKOHAMA, Japan: Nissan Motor will shut down its design studios in California and Sao Paulo and reduce amenities in London and Japan as a part of a worldwide overhaul of its design operations, the corporate mentioned.
The Japanese automaker mentioned the restructuring, to be accomplished by the tip of fiscal 2025, goals to streamline its design community.
The modifications fall underneath its broader “Re:Nissan” turnaround plan and can consolidate the corporate’s design group into 5 hubs: Los Angeles, London, Shanghai, Tokyo, and Japan’s Atsugi.
Nissan mentioned its Los Angeles “Studio Six” will function the first U.S. design hub, whereas London will proceed to assist the automaker’s Africa, Middle East, India, Europe, and Oceania markets in collaboration with accomplice Renault.
The firm didn’t disclose what number of jobs can be affected.
Nissan CEO Ivan Espinosa, who took over in April, unveiled the “Re:Nissan” turnaround plan in May to revive profitability. The plan additionally contains lowering world manufacturing capability to 2.5 million automobiles from 3.5 million and slicing manufacturing websites to 10 from 17 by fiscal 2027.