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Nissan Restructuring might Assume Cut Of one Million Cars To Annual Sales Target

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Nissan Motor Co Ltd’s management has become convinced the troubled carmaker has to be abundant smaller and a restructuring arrange due out next month would probably assume a cut of one million cars to its annual sales target, senior company sources the same.

Even before the unfolding of the coronavirus, Nissan’s sales and profits had been slumping and it absolutely was burning through money, forcing it to row back on Associate in Nursing aggressive growth arrange pursued by ousted leader Carlos Ghosn.

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