Read full post at forexlive.com
Japanese automaker Nissan is to cut domestic production of its top-selling US model, the Rogue SUV, during the period of May to July this year. Nissan is said to be altering its manufacturing plans in response to US tariffs and will reduce production of the Rogue SUV by 13,000 vehicles at its plant in Kyushu during the above period. The source says that this will mean production will even be halted on some days amid the low output.
In the first three months of the year, Nissan sold 62,000 Rogue SUVs in the US. So, the planned cut is around 20% of that.
For some context, the Rogue SUV was Nissan’s top-selling model in the US last year. It accounted for 246,000 sales, more than a quarter of Nissan’s total US vehicle sales.
This article was written by Justin Low at www.forexlive.com.
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