TOKYO: Nissan Motor Co. plans to cut vehicle production in China by 30,000 units in the coming months, a person briefed on the matter told Reuters, as global automakers grapple with falling demand in the world’s biggest car market.
After Ford Motor Co. and Hyundai Motor Co, Nissan becomes the latest automaker to cut production in the country, where slowing economic growth and a crippling trade war with the United States have pummelled vehicle sales in the past few months.
Nissan plans to cut production in China by a total of 30,000 units during the December-February period from its initial output plans, said the person who declined to be identified as the plans are not public.
Automakers set initial plans on how many vehicles to produce at each of their plants. These plans can be modified due to demand, supply chain issues and other factors. It was not known how much Nissan had planned to produce in the three months.
The automaker produced nearly 400,000 units in the country during the three-month period ended February this year. The period covers the first two months of the year, when sales usually slow in the run-up to the Lunar New Year holidays.
Japan’s Nikkei business daily reported late on Thursday that Nissan plans to cut production at three plants in China, including one in Dalian, where it produces the popular Qashqai and Infiniti QX50 SUV crossover models, and in Zhengzhou, where it makes the X-Trail SUV crossover, one of its top-selling models, and Venucia brand models.
A Nissan spokeswoman in Beijing declined on Friday to comment on future production plans.
China is Nissan’s second-largest market, accounting for roughly one-quarter of its annual global vehicle sales. It sold 1.5 million vehicles in China last year, and earlier this year said it planned to boost sales to 2.6 million units by 2022, making China its biggest market in terms of vehicle sales.
But a stretch of booming demand for cars in China seems to have come to an end, with the market on track to post a fall in annual sales for the first time since at least 1990. Nissan’s group sales in China rose 3.9 percent in the January-November period, slowing from a 12 percent jump a year ago.
A slowdown in the major market comes at a time when the Japanese automaker is grappling with a scandal involving alleged financial misconduct of Carlos Ghosn, leading to his arrest and subsequent ouster as chairman, and straining ties with French automaking partner Renault SA.
Nissan to cut China auto output over 3 months as demand slows
Nissan to cut China auto output over 3 months as demand slows
- Nissan plans to cut production in China by a total of 30,000 units during the December-February period from its initial output plans
- China is Nissan’s second-largest market, accounting for roughly one-quarter of its annual global vehicle sales
UAE’s Emirates Skywards partners with UK’s Jet2 to offer flight rewards
RIYADH: The UAE’s Emirates Skywards has partnered with Jet2.com, allowing members to redeem flight rewards to more than 75 destinations across the UK airline’s leisure network.
Emirates and flydubai’s loyalty program is expanding its UK portfolio, giving its 4 million members more opportunities, rewards, and travel options, according to a statement.
This supports the UAE’s goal of becoming the world’s leading aviation hub by 2035, backed by major infrastructure investment, expanded sustainable aviation fuel production, and workforce development, as well as digital transformation and a strong regulatory framework.
It also aligns well with the UAE’s tourism aim of making it a top global destination, targeting 40 million hotel guests by 2031 under the national UAE Tourism Strategy 2031, aiming for 450 billion dirhams ($122 billion) in gross domestic product contribution and 100 billion dirhams in investments.
“The UK is one of our top markets and we’re pleased to expand our portfolio to offer millions of members a chance to redeem flight rewards on popular holiday destinations served by Jet2.com. In addition to flight tickets, members can also redeem Miles for meals, extra baggage allowance, preferred seat selection, and more — making it possible to enjoy the perfect start to a holiday, fully covered by Skywards Miles,” said Divisional Senior Vice President Emirates Skywards Nejib Ben Khedher.
He added: “We’re always looking for new ways to expand our offerings and provide members with the best value, choice, and rewards a loyalty program can offer.”
From his side, Doug Turner, general manager of third-party supply and distribution at Jet2.com, said: “We are very pleased to be partnering with Emirates Skywards, which means we can give even more customers the opportunity to enjoy flights with our award-winning airline.
“This is a great way for us to continue attracting new customers and we know that our reputation for delivering the very best customer service will be a huge hit with Emirates Skywards members.”
Under the newly announced reward system, members can redeem flights from 8,000 Skywards Miles, inclusive of all fees and charges, to a range of destinations served by Jet2.com.
The UK’s third-largest airline operates from 14 airport bases, including London Gatwick from March 2026, flying to destinations across Europe, the Mediterranean, North Africa, and the Canary Islands.
