Nissan clarifies about India plant closure rumours

Nissan remains committed to its India product plan, which includes a new B-segment MPV & two new C-SUVs.

Recently, there were reports in the media claiming that Nissan was considering shutting down its manufacturing operations across the globe as part of a restructuring plan to cut costs. The reports stated that the carmaker could shut down plants in India, Japan, Mexico, South Africa, and Argentina.

Nissan Motor India has clarified that these reports are mere speculation. In its statement, the company said that it remains committed to its India operations, dealers, partners, and customers.

It further added that there has been no change in its future product plan for India, which includes a new B-segment MPV and two new C-SUVs.

Meanwhile, the Renault Group has sought approval from the Competition Commission of India (CCI) to buy out Nissan’s remaining 51% stake in their Indian manufacturing joint venture Renault Nissan Automotive India Pvt. Ltd.

Official statement:

“Nissan remains committed to its India operations, dealers, partners, and customers. Nissan & its dealer partners will continue to provide Sales & Service to customers of existing and future new models. Nissan’s stated India product offensive remains intact, including the plan to introduce 1 all-new BMPV & 2 new C-SUVs. We will continue our plans to export vehicles to other parts of the world as per our One Car, One World plan.”

“Regarding the recent reports on the potential closure of certain plants, Nissan wants to clarify again that this news is speculative and not based on any official information of the company. In March, we announced that Renault Group would own 100% of Renault Nissan Automotive India Private Ltd (RNAIPL), by acquiring the 51%-shareholding currently held by Nissan.”

“At this time, we will not be providing further comments on this matter. Our focus remains on our operations and the dedicated workforce that drives our success. We are committed to maintaining transparency with our stakeholders and will communicate any relevant updates as necessary.”