Nissan is closing its flagship factory in Oppama, Japan, to cut costs and moving all its production there to another plant in southwestern Japan. The Oppama plant employs 2,400 people.

Vehicle production at the Oppama plant in Kanagawa Prefecture, south of Tokyo, will stop at the end of the 2027 fiscal year, in March 2028, the Japanese automaker said Tuesday.

After that, all models that had been made or scheduled for production at Oppama will be made at Nissan Motor Kyushu, in Fukuoka Prefecture. The Oppama plant has been a prized symbol for Nissan Motor Corp., which rolled out its Leaf electric car there in 2010, ahead of key rivals.

CEO Ivan Espinosa called the Oppama plant “an icon for Nissan.” — Associated Press