Japanese carmaker Nissan on Thursday confirmed that it is closing its manufacturing plant in Barcelona, calling it a "difficult" decision following the economic woes amid the coronavirus pandemic.

Nissan CEO Makoto Uchida announced the closure while releasing the financial results of the company for the fiscal year 2019-20 - that ended in March - which showed that the company had slipped into a loss for the first time in 11 years.EFE-EPA