Yomiuri: Nissan to Close 2 Overseas Design Centers

Dow Jones

09/18

By Masato Takamura / Yomiuri Shimbun Staff Writer

Nissan Motor Co. announced Wednesday it will close its design centers in San Diego and Sao Paulo by the end of March 2026 amid the firm's ongoing restructuring. As part of cost-cutting measures, it will consolidate its seven global design centers into five. The company has not disclosed the impact on employees affected by the closures.

The five hubs are in Shibuya Ward, Tokyo; Atsugi, Kanagawa Prefecture; Los Angeles; London; and Shanghai. The two domestic centers and the London center will be scaled down.

Nissan, suffering from sluggish global sales, posted a net loss of 670.8 billion yen for the fiscal year ending March 2025. The firm is implementing large-scale restructuring initiatives, including closing its Oppama plant in Yokosuka, Kanagawa Prefecture, and cutting 20,000 jobs.

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This article is from The Yomiuri Shimbun. Neither Dow Jones Newswires, MarketWatch, Barron's nor The Wall Street Journal were involved in the creation of this content.

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September 18, 2025 07:08 ET (11:08 GMT)

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Neither Dow Jones Newswires, MarketWatch, Barron's nor The Wall Street Journal were involved in the creation of this content. \n</p>\n<p>\n  YDN-M0000144068-1 \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  September 18, 2025 07:08 ET (11:08 GMT)\n</p>\n<p>\n  Copyright (c) 2025 The Yomiuri Shimbun\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NSANY","symbol_name":"日產汽車","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2568479437","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2568479437","pubTimestamp":1758193680,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Nissan Motor Co. announced Wednesday it will close its design centers in San Diego and Sao Paulo by the end of March 2026 amid the firm's ongoing restructuring. 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