Nissan sees chip shortages, COVID-19 hit sales

Nissan said it expects chip shortages, and other COVID-related disruptions to hit sales volumes, but it vowed to fight back through strict financial discipline. The Japanese auto giant said it still expects a net profit of 155 billion $1.2 billion in the next 2022 -- 23 financial year, and also left its operating income outlook unchanged.

The company trimmed its annual unit sales target by 8% to 3.4 million vehicles, forecasting more production setbacks due to semiconductor supply shortages and the impact of COVID 19 infections in China. This could be due to a conflict with your ad blocker or security software. Is there a list of allowed sites for piano and jp.io. If this does not resolve the issue or you are unable to add the domains to your allowlist, please see this FAQ. We apologize for the inconvenience.