Nissan to close Indonesia, Spain auto plants after losses

Yokohama-based Nissan’s chief executive, Makoto Uchida, said Thursday that its European production will be centered at its British plant in Sunderland. Manufacturing now based in Indonesia will move to Thailand, as the Japanese automaker cuts global production by 20%. Nissan Motor Co. reported a 671.2 billion yen, or $6.2 billion, loss for the fiscal year that ended in March, its first annual loss since 2009, in the aftermath of the global financial crisis.

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