Nissan Motor Co. Chief Executive Officer Carlos Ghosn said the automaker plans to invest 3 billion yen ($37 million) to reinforce the foundation of its most heavily damaged domestic factory after Japan’s record earthquake in March disrupted output.
Nissan, Japan’s second-largest automaker, plans to do the same at other factories including those in Tochigi and Yokohama, north and west of Tokyo respectively, to equip them against future earthquakes, Ghosn said in an interview today at the Iwaki plant in Fukushima prefecture. The facility builds engines for Infiniti-brand cars and other luxury models.
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