Nissan weighs pulling out of South Korea

Nissan weighs pulling out of South Korea

Nissan is discussing pulling out of South Korea, as the Japanese carmaker’s sales rank among the hardest hit by an escalating diplomatic and trade row between Tokyo and Seoul, according to multiple people familiar with the company’s thinking.

The potential move comes after sales of Japanese cars in South Korea

more than halved in August from 12 months earlier as a wave of public anger was channelled into boycotts of Japanese products.

https://www.google.co.jp/amp/s/amp.ft.com/content/5318046a-d05b-11e9-b018-ca4456540ea6

Nissan to consider withdrawing from Korea = Reuters

Korea Imported Car Association (KAIDA):

Nissan sold just 58 units in Korea in August, down 88% from a year earlier.

According to sources, Nissan is considering discontinuing car sales and marketing in South Korea as part of a revamp of its global business.

https://jp.reuters.com/article/nissan-southkorea-withdraw-idJPKCN1VR0V5