Nissan cuts Mexico production on low U.S. demand
MEXICO CITY, March 27 (Reuters) - Japanese
automaker Nissan Motor Co. is temporarily
slowing production in Mexico because of weak
demand in the United States, the company said on
Thursday.
Nissan's Aguascalientes factory, which
makes the Sentra and Versa models for export to
the United States, is currently stopped, and is
scheduled to stay idle for a total of seven days
this month, the company told Reuters.
"Due to current demand in the U.S. market ...
Nissan Mexico is adjusting production at the
plant in Aguascalientes," the company said in an
e-mail.
Nissan did not say how many fewer automobiles
it will produce as a result of the production
slowdown. Last year, workers at the plant, which
closes on weekends, built around 26,000 cars per
month, according to the company.
Mexico's automobile industry, a mainstay of
the industrial sector, is widely expected to
take a hit this year as its key export market,
the United States, stumbles into an economic
slump.
Mexican auto production grew fast in January
and February but is expected to slow in coming
months. (Reporting by Cyntia Barrera and Noel
Randewich; Editing by Steve Orlofsky)
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