Nissan Motor Co. plans to slash the number of cars it produces in its home market in May by 78 percent from last year, as the impact of the coronavirus shakes the troubled automaker which has already been struggling with falling sales.
As global automakers reel from plunging sales amid lockdowns imposed in many countries to curb the spread of the virus, the hit is particularly severe for Nissan, whose profitability has been deteriorating as it grapples with the turmoil that followed the ousting of former Chairman Carlos Ghosn.
