To minimize its design rely by about 20% by the fiscal calendar year ending 31 March 2024, Nissan Motor will conclude development of new versions of all its sedans in Japan as sport utility motor vehicles make inroads into its property sector, described SeekingAlpha.com citing the Nikkei.
This would influence all four sedan models sold in Japan, such as the very long-managing Skyline which Prince Motor introduced in 1957 in advance of later on currently being absorbed into Nissan.
Growth of sedans for abroad markets will, however, continue on.
The report explained Nissan Motor would commit far more in SUVs and electric motor vehicles.
While the chip scarcity has delayed gross sales starts off in various markets, the automaker programs to start assembling the new Ariya electric vehicle in Japan some time this calendar year and could ultimately dedicate the manufacturing facility to electric motor vehicles, the report explained.