Nissan said the automaker is aiming to “max out” production at its Tennessee plant in response to Trump’s 25% auto tariffs. The automaker's Americas chairman, Christian Meunier, told CNBC the tariffs are accelerating Nissan’s ongoing shift toward domestic production, as the company seeks to reverse declining U.S. performance. The Smyrna facility produced over 300,000 vehicles last year on two shifts and has a capacity for 600,000 annually. Meunier said his goal is to fully utilize Nissan’s Smyrna plant and restore its profitability, but noted that reaching maximum output will take time.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02Nissan said the automaker is aiming to max out production in its Tennessee plant
00:06in response to Trump's 25% auto tariffs.
00:09The automaker's America's chairman, Christian Nuneer,
00:11told CNBC that tariffs are accelerating Nissan's ongoing shift toward domestic production
00:16as the company seeks to reverse declining U.S. performance.
00:19The Smirta facility produced over 300,000 vehicles last year on two shifts
00:23and has capacity for 600,000 annually.
00:26Nuneer said his goal is to fully utilize Nissan's Smirta plant
00:29and restore its profitability.
00:31But noted that reaching maximum output will take time.
00:34For all things money, visit Benzinga.com slash GSTV.