Nissan may buy shuttered GM and Ford plants

According to a report by Reuters, Nissan is looking to expand their already stressed production capacity in North America by purchasing axed plants formerly utilized by GM and Ford.
Nissan's manufacturing centers in the U.S. and Mexico have been working at ninety-percent capacity for some time and the recent shifting of production of the Quest minivan back to Japan has shown that Nissan needs to expand on this side of the world.

Since Ford will be shuttering 16 factories over the next five years and GM plans on thinning out their own production capacity, this may be the perfect opportunity for the Japanese automaker to capitalize on its competitor's sales slump. Even better, some of the displaced workers may be able to hop on the same lines they've worked for decades.

[Source: Reuters]

More Information