Nissan cuts annual sales forecast on China competition, keeps profit outlook

Nissan lowered its full-year sales forecast due to intensifying competition in China, while maintaining its profit outlook despite a sharp drop in quarterly earnings. The move signals persistent margin pressure in the world's largest auto market, where domestic EV makers are eroding foreign brands' share. The company's ability to hold profit guidance suggests cost discipline, but the sales revision points to structural headwinds in China.

AI disclosure: Model-written summary of the source, not a verified fact. Check the sources. How Mosaic works