Nissan Motor Co. is implementing strategies to mitigate the impact of U.S. tariffs, aiming to reduce a projected 450 billion yen ($3 billion) hit to its finances by 30%. These measures include prioritizing U.S.-assembled vehicles and shifting production of affected models to other markets. The automaker is also focusing on increasing domestic production amid ongoing cost-cutting efforts. CFO Jeremie Papin noted that less than 45% of vehicles sold in the U.S. are produced overseas, and the company is hopeful for improved trade relations to stabilize the industry.

Source: https://www.supplychaindive.com/news/nissan-tariffs-mitigation-boost-us-production/748116/