Nissan plans to close multiple plants globally to cut costs and reduce its workforce by 15%.

Nissan is reportedly planning to close two car assembly plants in Japan and factories in Mexico, South Africa, India, and Argentina as part of a major restructuring effort to cut costs and reduce its global workforce by 15%. The closures, which would leave Nissan with only three assembly plants in Japan, are aimed at addressing a slump in global sales and profitability. Nissan has not confirmed these plans, describing them as speculative.