CNBC
11 Nov 2026, 10:16 UTC · 6h ago
Nissan CEO breaks down how it plans to fight back against Chinese companies, after second outlook cut in months
Impact · against what's priced in
Nissan's outlook is severely degraded following a massive earnings miss and a second sales forecast cut in months, driven by China's aggressive EV transition. While the company is implementing cost-cutting measures and a new China-centric export strategy, these are insufficient to offset the immediate collapse in quarterly operating profit.
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