Markets

Nissan cuts sales forecast again on China woes as CEO outlines plan to fight back

Summary

Nissan has lowered its annual sales forecast for the second time in recent months due to intense competition in the global market. The automaker is now outlining a strategy to counter the rapid expansion of Chinese automotive companies.

Intensifying competition in the world's largest auto market forced Nissan to cut its annual sales forecast for a second time in months.

Source: Read the full story at US Top News and Analysis

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