Nissan Motor Co. plans to cut the number of cars it produces in May in Japan by 78 percent from last year as the impact of the coronavirus pandemic shakes the troubled automaker already struggling with falling sales.
As automakers around the world reel from plunging sales amid lockdowns imposed in many countries to curb the spread of the virus, the hit is particularly severe for Nissan, whose profitability has been deteriorating as it grapples with the turmoil that followed the ousting of Carlos Ghosn as chairman.
According to internal documents, Nissan plans to manufacture around 13,400 vehicles next month, compared with nearly 61,000 in May 2019.