AVN 64.70 Decreased By ▼ -0.60 (-0.92%)
BAFL 29.26 Decreased By ▼ -0.24 (-0.81%)
BOP 4.02 Decreased By ▼ -0.03 (-0.74%)
CNERGY 3.48 Decreased By ▼ -0.07 (-1.97%)
DFML 11.65 Decreased By ▼ -0.05 (-0.43%)
DGKC 42.45 Decreased By ▼ -0.08 (-0.19%)
EPCL 46.16 Increased By ▲ 0.17 (0.37%)
FCCL 12.08 Increased By ▲ 0.33 (2.81%)
FFL 5.48 Decreased By ▼ -0.07 (-1.26%)
FLYNG 5.80 Decreased By ▼ -0.12 (-2.03%)
GGL 10.63 Increased By ▲ 0.03 (0.28%)
HUBC 67.04 Increased By ▲ 0.04 (0.06%)
HUMNL 5.42 Decreased By ▼ -0.02 (-0.37%)
KAPCO 24.05 Decreased By ▼ -0.05 (-0.21%)
KEL 2.07 Increased By ▲ 0.01 (0.49%)
LOTCHEM 25.17 Decreased By ▼ -0.03 (-0.12%)
MLCF 25.85 Increased By ▲ 0.43 (1.69%)
NETSOL 74.05 Increased By ▲ 0.04 (0.05%)
OGDC 83.83 Decreased By ▼ -0.22 (-0.26%)
PAEL 10.58 Decreased By ▼ -0.04 (-0.38%)
PIBTL 3.76 Increased By ▲ 0.01 (0.27%)
PPL 63.72 Increased By ▲ 0.87 (1.38%)
PRL 12.26 Decreased By ▼ -0.19 (-1.53%)
SILK 0.86 Decreased By ▼ -0.02 (-2.27%)
SNGP 39.09 Increased By ▲ 0.09 (0.23%)
TELE 7.63 Decreased By ▼ -0.19 (-2.43%)
TPLP 14.17 Decreased By ▼ -0.15 (-1.05%)
TRG 105.44 Decreased By ▼ -1.46 (-1.37%)
UNITY 13.08 Decreased By ▼ -0.09 (-0.68%)
WTL 1.18 No Change ▼ 0.00 (0%)
BR100 4,035 Increased By 0.4 (0.01%)
BR30 14,332 Increased By 16.9 (0.12%)
KSE100 39,848 Decreased By -31.5 (-0.08%)
KSE30 14,767 Decreased By -4.3 (-0.03%)
Follow us

MADRID: The last vehicle was expected to roll off the production line at the historic Barcelona factory of Japanese carmaker Nissan later Thursday ahead of its closure on December 31.

In the meantime, discussions continue as to the future of the site’s 3,000-strong work force.

Before the pandemic struck the global economy amidships the Barcelona facility specialising in all-terrain vehicles was churning out some 200,000 cars a year.

Amid reports that Belgian manufacturer Punch could take over the site and use it to house some 2,000 jobs for a hydrogen car project, UGT union secretary general Pepe Alvarez said the closure “makes me very sad.”

Nissan announced in spring last year it was mothballing the site as it sought to contain the fallout of Covid-19, sparking union anger.

After talks, the manufacturer agreed to delay closure to the end of this year from an initially proposed summer 2020 to allow more time for potential rescues for the three-factory complex at Zona Franca, Sant Andreu and Montcada abutting Barcelona’s port area.

Comments

Comments are closed.

Nissan ends production at historic Barcelona plant

Chinese loan rollover of $2bn to Pakistan in process: source

Rupee inches higher against US dollar, settles at 283.66

PSX ends jittery session on a flat note

Punjab elections delay: SC bench dissloved after one member recuses himself

Senate approves bill to curtail powers of chief justice

UAE president names son as crown prince, presumed future leader

Government to withdraw Curative Review Petition against Justice Faez Isa: PM Shehbaz

Lahore High Court strikes down sedition law

Bestway Cement completes plant construction in Punjab

Countries in stronger position should help others with debt woes: IMF chief