Nissan open to making cars for Chinese partner in Sunderland, says CEO

<p>Ivan Espinosa says UK plant will not be hit by cost cuts as Japanese firm reveals seven factories to close</p><ul><li><a href="https://www.theguardian.com/business/live/2025/may/15/uk-gdp-economy-growth-q1-2025-rachel-reeves-stock-markets-pound-business-live-news">Business live – latest updates</a></li></ul><p>Nissan’s new chief executive has said the Japanese carmaker would be open to building cars for a Chinese partner at its factory in Sunderland as he confirmed it would not be closed in a round of deep cost cuts.</p><p>Nissan this week revealed plans to <a href="https://www.theguardian.com/business/2025/may/13/nissan-shut-factories-cutting-jobs-honda-us-china">close seven factories and cut 20,000 jobs</a> after sustaining heavy losses.</p> <a href="https://www.theguardian.com/business/2025/may/15/nissan-open-making-cars-chinese-partner-sunderland-factory-ivan-espinosa">Continue reading...</a>