Nissan to cut production, temporary workers

Japan's Nissan Motor Company said it would reduce production by a further 78,000 vehicles and cut 500 temporary workers.

The cuts were being made to avoid a build up of excess inventory as car sales slow globally, Nissan said in a statement.

The carmaker said the workers will be cut from January to March of next year. It will also temporarily halt production at several domestic car and engine factories from January.

Nissan has cut production several times over the past year.

Other Japanese carmakers such as Toyota and Suzuki have also cut production and temporary workers.