Nissan Motor to close Avila plant, cut East Europe distribution channels in 2021-Yomiuri

Nissan Motor to close Avila plant, cut East Europe distribution channels in 2021-Yomiuri

© Reuters. FILE PHOTO: The logo of Nissan Motor Corp. is displayed the company's showroom in Tokyo © Reuters. FILE PHOTO: The logo of Nissan Motor Corp. is displayed the company's showroom in Tokyo

TOKYO (Reuters) – Nissan (OTC:NSANY) Motor plans to cut its distribution channels in East Europe this year as part of a global turnaround plan, the daily Yomiuri newspaper reported on Friday.

Nissan Motor is also planning to close its Avila plant in Spain and convert it into a warehouse and will outsource the sales and manufacturing of its cars to alliance partner Renault (PA:RENA), the report said.

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