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What happened to the relocation of Infiniti headquarters? What does the relocation of Infiniti headq

What happened to the relocation of Infiniti headquarters? What does the relocation of Infiniti headquarters mean? Citing the company's internal documents it saw on Wednesday, Nissan's high-end brand Infiniti plans to move its headquarters from Hong Kong to Japan to create 'higher operational efficiency' with its parent company.

The plan will take place in mid-2020 and is expected to be publicly announced later Wednesday. This will help Nissan cut costs, and the company's profit fell sharply in fiscal 2018 as of the end of March.

Nissan said in a statement: 'the relocation will further integrate (Infiniti) with the global design, R & D and manufacturing functions headquartered in Japan,' adding that Infiniti will continue to operate 'independently.'

The relocation of Infiniti headquarters to Japan will overthrow Carlos & middot, the deposed former chairman; A decision made under Ghosn's leadership is to dilute the origin of the high-end brand in Japan in order to establish a more international image.

Infiniti's headquarters in Hong Kong has about 180 employees. They were told earlier Wednesday that they would move back to Yokohama.