World · 6 hours ago
Nissan cutting petrol car output in China as buyers rush to electric
Nissan's sales in China saw a 32% decline over the first nine months of the year, leading the Japanese carmaker to reduce its full-year forecast to 2.97m to 3m cars. Chief executive Ivan Espinosa said its Chinese range leans too heavily on petrol engines, so it will build fewer of them locally. Nissan will instead push its electric and plug-in hybrid N series in China.
Reported by Guardian · How we write briefs