//Nissan to cut production capacity by 20% after suffering worst year since 2009

Nissan to cut production capacity by 20% after suffering worst year since 2009

Related video above: Dealership shares hardships, differences of buying cars during pandemicNissan committed on Thursday to slashing production capacity by 20% and closing a plant in Spain as part of a sweeping overhaul announced after the Japanese carmaker revealed its first annual operating loss in more than a decade.The company posted an operating loss of 40.5 billion yen ($376 million) for its fiscal year ended