Nissan and Honda cut production in China

Nissan and Honda began to take action at the beginning of this year, planning to reduce the annual output of their Chinese factories by about 30% and 20% respectively. Among them, Nissan's automobile production capacity in China will be reduced from 1.6 million to 1.1 million, while Honda's production capacity will be reduced from nearly 1.5 million to about 1.2 million.