Sat, 2020-08-01 02:28
NEW DELHI: By any measure, Nissan Motor Co. Ltd. has had a dreadful run in India. A push to revive its lower-end Datsun brand flopped, sales have slumped 60 percent over the past five years and its sole plant in the country is operating way below capacity.
But the amount of money and energy that Nissan — battered by scandal and expecting a record
$4.5 billion annual operating loss — will spend to turn its fortunes around in India will hinge on the sales of one vehicle, its new Magnite compact SUV, three sources said.
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