Automotive firm Unipres swings to loss as challenges face sector
A key Nissan supplier has swung to a loss after problems in the automotive industry led to turnover dropping by more than 20%.
Unipres, which supplies steel parts to a host of vehicle manufacturers, was initially formed as a joint venture between Nissan and another Japanese corporation before becoming independent in the 1990s.
The firm cut staffing by more than 150 people during 2019 as…