​Nissan Cutting Production Of U.S. Models By 30%, Putting 2024 Global Sales Target At Risk – Tyler Durden

Nissan Cutting Production Of U.S. Models By 30%, Putting 2024 Global Sales Target At Risk In continuing signs that the U.S. consumer is tapped, Nissan is planning on cutting production of its main U.S. models by 30%, according to a new report from Nikkei, which says the cuts could jeopardize the automaker’s 2024 global sales targets.  Nissan forecasts a 99% drop in quarterly operating profit to 995 million yen ($6.52 million) and a 12% decline to 500 billion yen for the year, citing weakening U.S. market earnings, the report says. The company’s target of 3.65 million vehicles sold for 2024…  — Continue at ZeroHedge News : Read More