Nissan is considering plans to shut two car assembly plants in Japan and overseas factories, including in Mexico, sources said on Saturday, as part of a cost-cutting plan the company flagged earlier this week.

The move comes after sources said a day earlier that the carmaker was considering closing two plants in Kanagawa Prefecture.

Nissan is reportedly weighing the closure of multiple vehicle assembly plants in Japan and overseas, including facilities in Mexico, South Africa, India, and Argentina, as part of a sweeping cost-cutting