Saturday 4 July 2020
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bangkokpost - 1 month ago

Nissan posts biggest loss in 20 years

TOKYO: Nissan Motor Co reported a 671-billion-yen ($6.2-billion) net loss for the latest fiscal year and unveiled a plan to turn the carmaker around by eliminating about 300 billion yen in annual fixed costs, cutting capacity and reducing the number of vehicle models.


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