Nissan CEO breaks down how it plans to fight back against Chinese companies, after second outlook cut in months

Nissan cut its annual sales forecast for the second time in months due to intensifying competition in China's auto market. The company's CEO outlined plans to respond to increased competition from Chinese automakers. Nissan did not disclose specific financial targets or timeline details in the announcement.

• CNBC — Nissan CEO breaks down how it plans to fight back against Chinese companies, after second outlook cut in months

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