Nissan Forecasts US$2.9B Loss for Fiscal Year; Cuts Planned Production by 20%
Green Car Congress
FEBRUARY 9, 2009
The loss is driven by the severe downturn in the global economy in the second half of calendar year 2008 and, in particular, the negative impact of the strong yen, the sharp decline in consumer confidence in all major markets and product mix deterioration, the company said. compared with last year. Inventory will be tightly controlled.
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