Nissan cuts full-year forecasts as China row dents sales

Nov 06 2012, 13:57 IST
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Nissan Motor Co cut its full-year net profit forecast by a fifth to $3.99 billion.  (Reuters) Nissan Motor Co cut its full-year net profit forecast by a fifth to $3.99 billion. (Reuters)
SummaryNissan Motor Co cut its full-year net profit forecast by a fifth to $3.99 billion.

Leaf can run for about 120 km (75 miles). Nissan aims to boost that to about 200 km.

Shares in Nissan, 43.4 percent-held by Renault SA  and valued at close to $39 billion, have slipped 2 percent so far this year, trailing Toyota's 26 percent gain and Honda's 3 percent rise. Nissan shares closed down 2 percent on Tuesday ahead of the earnings.

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