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Nissan earnings: Profits decline as production and pandemic woes bite

TOKYO – Operating profit at Nissan Motor Co.. dropped 14 percent in the latest quarter, as falling sales and production snarls undercut the carmaker’s rebound on better pricing power. COO Ashwani Gupta on Thursday said Nissan had a rough fiscal first quarter as production was crimped by pandemic lockdowns in China and the global semiconductor …

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