Nissan’s UK factory in Sunderland will stay open as the Japanese carmaker carries out a global restructuring amid the coronavirus pandemic.
It will close its factory in Barcelona with the loss of about 2,800 jobs after the firm plunged to a $6.2bn (£5bn) net loss in the last financial year.
Nissan is cutting production and car models after sales fell before and during the Covid-19 outbreak.
The company’s net loss is its first for more than 10 years.
Nissan is part of a three-way alliance with Renault and Mitsubishi, which are restructuring global operations to enable them to work more closely and cut costs.
Nissan said on Thursday it would focus on several “key markets”, including Japan, North America and China.
In a press briefing, its boss said that it will “sustain” its presence in Europe but will leave more room for alliance partners there, such as Renault. There has been speculation that Renault could switch some production to the Sunderland factory.
Nissan chief executive Makoto Uchida told the press briefing the company would maintain production at its Sunderland plant.
It will begin building cars there again in June, after production was paused due to coronavirus-related lockdown measures.
Before the suspension, the factory was preparing for production of the next-generation Qashqai, due out next year. The factory, the UK’s biggest car plant, employs about 7,000 people.
Mr Uchida described the closure of the Barcelona factory as “a very difficult decision”.