Nissan Cuts Fiscal 2027 Sales Outlook to 2.97 Million to 3 Million

Nissan Motor cut its global vehicle-sales outlook for the fiscal year ending March 2027 to 2.97 million to 3 million vehicles on Nov. 11, citing mounting pressure in China as the automaker adjusts its product and export plans. The reduction is Nissan’s second sales-forecast cut since August. That month, the company lowered its projection from 3.3 million to 3.15 million vehicles; the latest range is below that estimate. Nissan cited weaker demand, a faster-than-expected shift to new energy vehicles and intensifying competition in China. The company plans to develop vehicles for Chinese consumers using local technology, lower costs and faster development. It also plans to expand exports of China-developed vehicles from two models to five, targeting 12 regional market clusters in the near term.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to TokenPost.