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4/27/20

Nissan plans to slash May car output in Japan by 78%

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Japan's Nissan Motor Co Ltd plans to slash the number of cars it produces at home in May by 78% from last year, as the impact of the coronavirus shakes the troubled automaker which has already been struggling with falling sales. As global automakers reel from plunging sales amid lockdowns imposed in many countries to curb the spread of the virus, the hit is particularly severe for Nissan, whose profitability has been deteriorating as it grapples with the turmoil that followed the ousti

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Nissan plans to slash May car output in Japan by 78% originally appeared on Autoblog on Mon, 27 Apr 2020 15:00:00 EDT. Please see our terms for use of feeds.

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