Nissan to cut auto production due to reduced US demand
Submitted by Sahil Nagpal on Tue, 10/21/2008 - 16:17.
Tokyo - Nissan Motor Co on Tuesday announced a plan to reduce its auto output due to declining demand in the US.
A spokesman for the Japanese automaker said the company would cut its projected production of 65,000 units mainly for exports to the United States by March due to rapid declines in demand amid the financial crisis.
The output reduction would cause about a 30-per-cent drop in the projected total production of models such as Murano sports utility vehicles and Infinity luxury cars. (dpa)
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