focusIR Fireside Chats podcast - FTSE 250 Fund Manager Reveals Hidden Emerging Market Gems | Infrastructure. Watch here

Less Ads, More Data, More Tools Register for FREE

Nissan to furlough 800 workers at its UK plant as chip shortage cuts production-Nikkei

Fri, 16th Apr 2021 13:12

TOKYO, April 16 (Reuters) - Japan's Nissan Motor
will furlough around 800 workers at its production plant in
Britain, as output slows there because of a semiconductor
shortage, the Nikkei newspaper reported.

The people, who represent about a tenth of the workforce at
the facility in Sunderland, will be asked to stay away until the
chip shortage eases and production can increase, the Nikkei
said, without saying where it got the information.

A Nissan spokeswoman was not able to immediately comment.

Carmakers around the world are struggling with a chip
shortage caused by strong demand from makers of smartphones and
other consumer electronics amid the COVID pandemic. A fire at a
Japanese auto chip plant last month has further squeezed
supplies.

Nissan plans to slash production at several factories in
Japan next month, sources earlier told Reuters.
(Reporting by Tim Kelly)

Related News

Brent crude jumps 4%, as US strikes in Iran set back hopes for Hormuz re-opening
9 mins ago

Brent crude jumps 4%, as US strikes in Iran set back hopes for Hormuz re-opening

* U.S. strikes in Iran spark renewed Middle East tensions, ​ceasefire violations ⁠alleged by Iran

TRADING UPDATES: Cora Gold progresses Sanankoro gold project
34 mins ago

TRADING UPDATES: Cora Gold progresses Sanankoro gold project

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

Mining Conduit Hldg + 4 more shares