Nissan To Temporarily Close Global HQ Operations Amid COVID-19 Outbreak


20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


Nissan Motor Co Ltd (OTC:NSANY) on Tuesday announced plans to implement a temporary shutdown at its Japan facilities from April 27 to May 1 in order to combat the coronavirus outburst.

In the first week of April, a Nissan employee at Yokohama, its global headquarters, had tested positive for COVID-19.

Yokohama, which has 15,000 employees, will maintain a minimum level of business-essential operations with minimum employees to meet market demand, according to a Nissan press release.

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Meanwhile, non-production facilities at Atsugi, Oppama and Tochigi areas, which carry out research & development would also operate minimally.

In a separate development, the company had expressed it would be adjusting production at three of its Japan manufacturing facilities in May as the automobile market faces a slump in demand and delivery of some parts are affected by the coronavirus pandemic.


20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


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Posted In: NewsCoronavirusJapan