Nissan cuts profit and sales outlook on sliding volume, over-optimistic plans

Nissan Business Plan 2024_240325-02_05-source.jpg — CEO Makoto Uchida is pictured unveiling Nissan’s new three-year midterm plan, which is called The Arc, late last month. (NISSAN)

April 19, 2024 08:37 AM

TOKYO – Nissan, struggling with sluggish sales and slow business in China, slashed its full-year earnings outlook on Friday, saying profit, sales and revenue would all miss its earlier targets.

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