Nissan Adjusts Production in July
Japan’s Nissan Motor Co. will adjust production at several factories next month due to the global chip shortage. “Due to the global chip shortage, Nissan is adjusting production and is taking necessary actions to ensure recovery,” a Nissan spokesperson said, without elaborating. Nissan, like other automakers, has been making production adjustments because of a worldwide microchip supply crunch. The automaker has said the shortage will likely affect the production of 500,000 vehicles this year.
CEO Makoto Uchida told shareholders at the annual general meeting earlier on Tuesday that the company was minimizing the negative impact of the chip shortage. He added that Nissan was trying to make up for the production loss within the financial year and to take action to ensure stability in its supply of parts.