Categories: Auto News

Nissan is ready to sell the historical headquarters in Japan due to debts

The ASIA Nikkei publication claims that the company considers the possibility of getting rid of the asset in the framework of restructuring. About 700 million dollars can be helped out of the head office, because the Nissan headquarters is located next to the lively railway station on a section with an expensive real estate. With the proceeds, the corporation can reduce the debt load.

Large -scale restructuring of the company requires difficult solutions. Nissan intends to reduce the number of factories from 17 to 10, abandoning the sites in South Africa, India, Argentina, Mexico and even Japan. Production volumes at existing enterprises will also decrease. According to unofficial data, 20 thousand employees around the world will fall under the reduction.

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Japanese journalists believe that Nissan will reduce about the seventh employee, and this despite the fact that in November last year they got rid of nine thousand people due to the deterioration of financial results. However, sales volumes fell stronger than the expected, so the company had to go to extreme measures. A possible sale of headquarters does not mean that Nissan will be left without a head office: an agreement may imply a long-term rental of the premises.

The new Nissan boss believes that the car manufacturer will be able to stay afloat even without partnership with direct competitors. However, for this you need to immediately reduce costs and stop spending resources in waso. According to the head of Nissan, the company needs to get rid of excess production capacities and forget about the sales plan of eight million cars a year.

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