Nissan recently faced widespread speculation after a Reuters report suggested it might cease operations in India. The company quickly dismissed these rumors, clarifying that it remains fully committed to the Indian market, its dealers, partners, and customers. Nissan reiterated that it will continue sales and service for existing and upcoming models, including plans to launch one new BMPV and two new C-SUVs.

Clarifying Plant Closure Speculation
The report had also claimed that Nissan might close some plants, but Nissan emphasized that this information is purely speculative and not based on any official announcements. Earlier in March, Renault Group took full ownership of Renault Nissan Automotive India Private Ltd by acquiring Nissan’s 51% share.
Focus on Operations and Workforce
Nissan’s statement highlighted its ongoing focus on operations and its dedicated workforce. The company said it would provide updates on any relevant developments while maintaining transparency with stakeholders.
Background: Global Restructuring and Cost Cuts
Nissan has been undergoing significant changes globally. After a proposed merger with Honda was called off, the company embarked on a major restructuring that involved cutting over 10,000 jobs worldwide. Under new CEO Ivan Espinosa, Nissan is reducing costs across various sectors.Global Production and Workforce Cuts
The Reuters report mentioned Nissan’s plans to reduce its global workforce by 15% and cut down the number of production plants from 17 to 10. It also noted closures in South Africa, Argentina, and Japan.