Sales slump batters auto giant's Q4 earnings
China Daily | Updated: 2009-05-13 08:04
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Nissan Motor Co CEO Carlos Ghosn speaks during a news conference in Tokyo yesterday. Bloomberg News |
TOKYO: Japan's Nissan Motor Co lost $2.4 billion in the fourth quarter as car sales slumped globally, and forecast another loss for the current year as it puts product launches and growth plans on hold to conserve cash.
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