Egypt condemns Houthi attacks on Saudi territories    NCW files complaint with Public Prosecutor over harassment, rape allegations circulated online    COVID-19 fatalities among Egyptian doctors rise to 116: EMS    Egypt reports 1,324 new COVID-19 cases, 79 fatalities    Egypt says no breakthrough reached on second day of AU-sponsored GERD talks    UAE adopts new government structure, full announcement to come on Sunday    Ministry of Culture announces schedule for resumed theatrical, musical activities    WHO halts hydroxychloroquine, HIV drugs in COVID trials after failure to reduce death    Biggest lenders in Canada join boycott of Facebook platforms    CIAM targets EGP 10bn asset management portfolio year-end    Virtual talks on Ethiopia's disputed dam resume amid consensus hopes    Egypt sees 13.5m mobile wallets end-May: NTRA    Turkish deals with Libya's Sarraj illegal: LNA    Brighton nearly safe after beating last-place Norwich 1-0    Berlin metro to change derogatory station name by end of year    Egypt to hold Senate elections on 11-12 August: NEC    No days off for Liverpool under Klopp: Oxlade-Chamberlain    5 killed, 10 injured in bomb attack in southwest Somalia    Banks in Egypt switch to IBAN standard to ease cross-border transactions    Iran imposes new curbs as coronavirus toll rises    Russia says China would be needed in expanded G7 summit: TASS    Hurghada Airport receives two flights carrying 383 tourists from Ukraine and Belarus    TUI opens bookings to Egypt starting September    Egypt gets its fifth new aircraft from Airbus    Egypt dismisses rumours of imposing tax on bank deposits    Egypt reopens 5 museums, 8 archaeological sites and operates 171 international, domestic flights    Arsenal forward Martinelli signs new long-term deal    Australia's Victoria reports 108 new coronavirus cases, biggest jump since March    $50 bln more required for middle-and low-income Arab countries to recover from COVID-19: ESCWA    GERD talks between Egypt, Ethiopia and Sudan to continue Saturday    GERD talks between Egypt, Ethiopia and Sudan resume on Friday    Rudolfo Anaya, 'godfather' of Chicano literature, dies at 82    Egypt and Jordan's Foreign ministers discuss annexation of West Bank    Lebanon's negotiations with IMF on hold pending start of reforms – minister    Moderna delays coronavirus vaccine trial – report    Egypt developing four WHO-registered vaccines to treat coronavirus patients    Egypt's Zamalek to continue training Thursday, but domestic league participation unclear    Liverpool boss Klopp happy with African Nations Cup postponement    Egypt's cultural activities to resume mid-July    Federation of Egyptian Banks denies funding GERD: eletreby    Saudi development authority starts executing phase I of giant cultural project    Don't miss Al-Hadra troupe's two concerts at El-Sawy Culturewheel    Egypt's President Sisi opens Baron Empain Palace, two int'l airports    11 coronavirus cases detected at Egyptian Premier League clubs – EFA    Egypt to host World Handball Championship on time despite COVID-19: EHF President    Liverpool's Egyptian winger Salah fit for Crystal Palace clash – coach Klopp    Egypt's parliament Oks amendments to House law amid differences over election    CAF draws timeline for resumed continental championships amid COVID-19    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.





Spain says it will do all it can to reverse Nissan closure, workers protest
Published in Ahram Online on 28 - 05 - 2020

Spain said on Thursday it would do everything possible to stop Nissan from closing its main car factory in the country as angry workers burned tyres and shouted "War" outside the Barcelona plant.
The Spanish government could seek an alternative partner to keep the plant open, it said
The decision by Japan's Nissan Motor Co earlier on Thursday to shut the 3,000-worker plant from December as part of global cost cuts is a blow for the euro zone's fourth-largest economy at a time when unemployment is rising and a recession is looming due to the coronavirus crisis.
The government, which said in January after meeting officials from the Renault-Nissan alliance that jobs at the plant were "guaranteed," lamented the decision and urged Nissan to look at other options.
"We regret it and will do everything we can to overturn it," Foreign Minister Arancha Gonzalez Laya told Reuters.
The government could talk to other players about the plant and Spain has attractive assets for "any business willing to manufacture cars", she said.
The main opposition party blamed the leftist coalition government for the closure and failing the Nissan workers.
The Catalan regional government also urged Nissan to reconsider its decision and said it had offered the carmaker a 100 million euro ($111 million) aid package to produce new models, but had received no answer.
That would have been on top of the 25 million euros in public aid Nissan had received in the past 15 years from regional authorities, said Angels Chacon, Catalonia's top business official.
"NO SOLUTION"
Nissan said it would slash its global production capacity by a fifth to help reduce its fixed costs by 300 billion yen ($2.8 billion) as it looks to become smaller and more cost-efficient after posting its first loss in 11 years.
"There was no viable solution for the future of the Barcelona factory," the chairman of Nissan in Europe, Gianluca De Ficchy, told reporters citing a low output.
Two smaller Nissan plants in northern Spain will remain open.
The plant and the nearby facilities employ 3,000 workers and the closures could indirectly affect up to 25,000 jobs, unions say. The car industry accounts for about 10% of Spain's gross domestic product, according to producers association ANFAC.
More than 1,000 masked workers blocked the area surrounding Nissan's plant, first with a procession of vehicles then burning a pile of tyres at its entrance. They also cut off roads.
The closure would cost Nissan as much as 1 billion euros ($1.1 billion), the government said, arguing that investing in the factory would be a cheaper alternative.
Carmaking alliance partners Nissan, Renault and Mitsubishi Motors said on Wednesday they were reorganising their global production to save costs and become more efficient.
Renault, which will now take the lead for the alliance in Europe, has two factories in Spain.
A spokesman for Renault in Spain declined to comment on the possibility of layoffs and said it would provide details on the future of its operations on Friday.
The Barcelona plant, which has been operating since the 1980s, mainly produces electric vans and pickup trucks and is Nissan's main European plant after one in Sunderland, England.


Clic here to read the story from its source.