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Nissan pares car sales forecast on tougher China competition

Japanese manufacturer projects 3M vehicle deliveries this year

Bloomberg News

Nissan Motor Co. lowered its annual car sales outlook due to weak demand and mounting competition in China, where buyers are shifting to locally made electric vehicles faster than it expected. The Japanese manufacturer now projects at most 3 million vehicle deliveries this year, from 3.15 million previously, it said Wednesday. Nissan also reported second-quarter […]

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