Nissan Global Production Cuts Imperil CEO’s Recovery Plan
Baua Electric
JULY 25, 2024
On Thursday, Nissan slashed its operating-profit outlook to ¥500 billion for the year through March 2025, down from its prior forecast of ¥600 billion — far more than analysts had expected — due to weak sales in Japan and the US. How Nissan fares in the world’s largest car market could prove crucial to its chances of success.
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