Mr de Ficchy said the cost of moving to WTO rules would mean the "entire business model for Nissan Europe … Nissan Global Newsroom | Latest news, photos and videos. Renault did not immediately respond to requests for comment. “We need to be in Europe to keep up with regulations and keep our technology competitive, even though we cannot go for exponential growth,” one of the sources said. That is an attempt to resolve a major source of tension under Ghosn, who sought to cut costs equally at the partners as well as merge new technology and product R&D. The company has only had one profitable year in its European region, which includes Russia, since 2012.Nissan's sales in Europe are heavily dependent on the Qashqai and Juke, both of which are built in its factory in Sunderland, England, the UK's biggest car plant.The Qashqai is its European best-seller, with sales of 42,590 in the first three months, down 31 percent, according to JATO Dynamics market researchers. However, the company is keen to maintain a presence in the region, albeit a reduced one. Nissan declined to comment. Nissan will also retire the Datsun brand and shut down one production line in addition to the recently closed operation in Indonesia. It could also see the company’s Barcelona factory in Spain close, putting around 3,000 jobs at risk, said the sources with knowledge of the plan, who declined to be named because they are not authorised to speak to the media. Likely out would be the sporty Z and GT-R models, as well as the Navara pickup truck made in Barcelona, they said. For more information, see our Sign up and get the best of Automotive News Europe delivered straight to your email inbox, free of charge. Under the new working relationship with Renault, Nissan would take the lead in Europe on crossover SUVs, which the sources said would be available in gasoline engine, hybrid and all electric battery versions. One of the sources said the plan for the plant depended on the new trading relationship agreed between London and Brussels, but that Nissan expected the UK government to adopt supportive policies. For Independents that require access to the B2B Portal please click on the 'Signup' link at the bottom of this page. The EU and Japan are phasing out auto tariffs as part of a free-trade deal.Nissan is expected to announce its restructuring plan on May 28. Relations were then strained to almost breaking point in November 2018 when the alliance’s long-standing boss, Carlos Ghosn, was arrested in Japan on financial misconduct charges, which he denies. Founded in 1996, Automotive News Europe is the preferred information source for decision-makers and opinion leaders operating in Europe.Ford seizes on euro rally with exports of Explorers and Mustangs
General Motors (Europe accounts for only about one-tenth of Nissan’s global business by volume and has “little prospects for growth and profitability,” as one insider put it. The strategy, part of a three-year global turnaround plan due to be unveiled on May 28, would see the Japanese carmaker’s plant in Sunderland, northeast England, switch permanently to two daily shifts from three, but become a key hub for SUVs. Nissan's total European sales fell 26 percent to 86,205 through March.The new Qashqai is expected to arrive in 2021 and will be available with hybrid and plug-in hybrid versions, sources have said.Sunderland built 325,243 cars in the financial year to the end of March, down 22 percent, company figures show.Production at the Barcelona plant fell 38 percent in the financial year to the end of March to 55,022 vehicles after it lost the Pulsar compact car in 2018 and the combustion engine version of the NV200 van in 2019.The plant will also lose the Mercedes X-Class pickup based on the Nissan Navara. It would operate as a “follower” in commercial vans and small city cars, using versions of vehicles produced by Renault. Europe has long been a difficult market for automakers due to overcapacity, stiff competition and tight regulations.
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