Nissan Motor Co Ltd said on Friday a report by the Nikkei that it would slash pr...
- Nissan Motor Co Ltd said on Friday a report by the Nikkei that it would slash production this year was “completely incorrect” and that it had lodged a complaint with the business daily, in an unusually strong denial of a media report in Japan.
The move would mark a shift away from the aggressive expansion campaign promoted by ousted former Chairman Carlos Ghosn, the Nikkei said. The Nikkei reported that Nissan aimed to produce about 4.6 million units in fiscal 2019, citing plans being communicated to the automaker’s suppliers. The move was likely to impact earnings and could cast a pall over Nissan’s alliance with French automaker Renault SA, the Nikkei said without elaborating.
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