Nissan said on Thursday in Yokohama that the job cut, to be made globally by 2022, would also reduce global production capacity and product line-up by about 10 per cent, by the end of fiscal 2022.
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Mitsubishi Motors Corporation on Friday said Osamu Masuko will step down as its chief executive on June 21 and be replaced by Takao Kato, who is president of its operations in Indonesia.
Welcoming the Nissan group’s investment in vehicle production in Nigeria, Jonathan noted that all investors in local automobile production in the country will have a huge ready market for their products.