Steel shortage may cut Nissan March output by 15,000 cars
AFP, December, 2004
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TOKYO (AFP) — Nissan Motor, Japan's second largest automaker, said a squeeze on steel supplies could cost it lost production of 15,000 vehicles in March but insisted it has no plans to change policy on supplies.
"Nissan production in January and February will be safe but in March there is a risk of a production cut of 15,000 vehicles," company president Carlos Ghosn said at the launch of the Lafesta, the fifth of six new models the automaker is rolling out in Japan over a six-month period.
Nissan has said it will suspend operations at three of its four domestic factories for a total of five days between November 29 and December 8 due to steel shortages which will result in lost production of 25,000 vehicles.
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It has said earlier it plans to make up the shortfall in January.
Some analysts have ...
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