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CAR FIRM PLANS TO CLOSE SPANISH PLANT

Majorca Daily Bulletin

CAR FIRM PLANS TO CLOSE SPANISH PLANT

Barcelona.—Hundreds of workers burning tyres and shouting “war” blockaded Nissan Motor Co’s Barcelona plant yesterday after the Japanese carmaker announced it would shut it from December as part of a global restructuring plan to slash costs. The decision is a blow for Spain at a time when unemployment is spiking and a steep recession is looming because of the coronavirus crisis, and the main opposition party criticised the leftist coalition government for failing the Nissan workers. The closure of the plant and several facilities nearby also highlights the challenges carmakers face as they try to cut costs. Inside. Seguir leyendo

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