Motorgen - Automotive Events, Meets, Cruises and Forums - View Single Post - Nissan restructuring into a smaller company selling 1 million fewer cars

RSS Reader · 04-10-2020, 09:26 AM

Nissan Motor Co Ltd's management has become convinced the struggling automaker needs to be much smaller and a restructuring plan due out next month would likely assume a cut of 1 million cars to its annual sales target, senior company sources said. The pandemic has only piled on urgency and pressure to renewed efforts to downsize. No new sales target has been finalised and it remains unclear whether one will be formally disclosed.Continue reading Nissan restructuring into a smaller company selling 1 million fewer cars
Nissan restructuring into a smaller company selling 1 million fewer cars originally appeared on Autoblog on Fri, 10 Apr 2020 11:27:00 EDT. Please see our terms for use of feeds.

Permalink | Email this | Comments

More...

04-10-2020, 09:26 AM	#1
RSS Reader Senior Member Join Date: Feb 2009 Posts: 93,815 Tweet	Nissan restructuring into a smaller company selling 1 million fewer cars Filed under: Earnings/Financials,Plants/Manufacturing,Nissan Nissan Motor Co Ltd's management has become convinced the struggling automaker needs to be much smaller and a restructuring plan due out next month would likely assume a cut of 1 million cars to its annual sales target, senior company sources said. The pandemic has only piled on urgency and pressure to renewed efforts to downsize. No new sales target has been finalised and it remains unclear whether one will be formally disclosed.Continue reading Nissan restructuring into a smaller company selling 1 million fewer cars Nissan restructuring into a smaller company selling 1 million fewer cars originally appeared on Autoblog on Fri, 10 Apr 2020 11:27:00 EDT. Please see our terms for use of feeds. Permalink \| Email this \| Comments More...