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

CNBC ·

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

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First reported by Bloomberg at · 2 outlets in all

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  1. CNBCNissan cuts sales forecast again on China woes as CEO outlines plan to fight backIntensifying competition in the world's largest auto market forced Nissan to cut its annual sales forecast for a second time in months.
  2. Bloomberg(subscription required)Nissan Pares Car Sales Forecast on Tougher China CompetitionNissan Motor Co. reported worse-than-expected operating profit in the fiscal second quarter after high costs and poor sales in China, a setback to its recovery efforts.