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Japan's Nissan trims loss forecast as auto markets rebound and it cuts costs - Vimarsana News

Japan's Nissan trims loss forecast as auto markets rebound and it cuts costs

4 Min Read TOKYO (Reuters) - Japan’s second and third largest automakers, Honda Motor and Nissan Motor, will sell a combined 250,000 fewer cars in the current financial year as a global shortage in semiconductor chips hits production. FILE PHOTO: A visitor is seen at Nissan Motor Corp.'s showroom in Tokyo, Japan November 11, 2020. REUTERS/Issei Kato The automakers made the announcement as they unveiled brighter outlooks for the financial year ending March 2021 as automobile markets, led by China, rebounded from a coronavirus-induced slump. Honda and Nissan also reported better-than-expecte...