Nissan says to halt production at Oppama plant in Japan

Struggling auto giant Nissan said Tuesday it will stop production at its plant at Oppama in Japan at the end of its 2027 fiscal year.

"The company will cease vehicle production at the Oppama plant at the end of fiscal year 2027," said Nissan, which posted a net loss of $4.5 billion last year and is cutting 15 percent of its global workforce.

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