Auto / Nissan plans to slash global output production by 15%

Livemint : Apr 19, 2019, 10:56 AM

Nissan slashed its operating profit forecast to 450 billion yen. Japan’s third-largest automaker's output level would be the lowest in nine years. Nissan Motor Co. is planning to cut global output by around 15 percent for the fiscal year to March 2020. Nissan will probably report earnings results on May 14, giving investors a look into its performance as the entire industry faces complex issues autonomous vehicles.