Nissan to cut domestic output by 78,000 cars

December 17th, 2008 - 5:43 pm ICT by IANS  

Tokyo, dec 17 (DPA) Nissan Motor Co. said Wednesday it would cut its domestic production by 78,000 cars beginning January amid declining global auto sales.Japan’s third largest automaker said it would make the production cuts by implementing one-day shutdowns at factories and slowing their
production lines.

Five hundred temporary workers are also to be laid off, Tokyo-based Nissan said.

In its last production statistics available, Nissan saw an 11-percent drop in factory output in October, compared with the same month a year ago, to nearly 100,100 cars.

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