Japan's Nissan Motor Co Ltd will slash its domestic auto production plans by 70per cent in May and 43per cent in June, documents seen by Reuters show, as the impact of the coronavirus shakes the troubled automaker.
The Nissan logo is seen at their booth at the Tokyo Motor Show, in Tokyo, Japan October 23, 2019. REUTERS/Edgar Su/FilesTOKYO: Japan's Nissan Motor Co Ltd will slash its domestic auto production plans by 70per cent in May and 43per cent in June, documents seen by Reuters show, as the impact of the coronavirus shakes the troubled automaker.
Manufacturers around the globe are reeling from consumer demand shrunk by the spread of the coronavirus.Nissan prior to the pandemic had already been grappling with the turmoil that followed the ousting of former Chairman Carlos Ghosn.
Source: Car News Wire (carnewswire.net)
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