TOKYO: Nissan on Friday slashed its full-year profit forecast as the Japanese automaker warned over a sluggish European market and costs tied to vehicle recalls, while separately announcing a management shuffle.
The firm said it now expected to earn 355 billion yen ($3.62 billion) in the year to March, down from an earlier 420 billion yen forecast, while its half-year profit rose 6.5 percent from a year earlier.
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