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Nissan Returns to Profit as Re:Nissan Cuts Costs and Sales Target Slips

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Sig3.30Sen+2.60Env0.00Soc-1.40Gov0.00

Nissan swung from a 115.8 billion yen quarterly loss to a 77.9 billion yen operating profit as the Re:Nissan restructuring delivered about 60 billion yen in savings. The program targets 500 billion yen in full-year cost reductions, while demand remains soft and the sales target was trimmed to 3.15 million vehicles, with guidance reaffirmed. Europe-linked output at Sunderland remains a key focus.

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