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Makoto Uchida

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Nissan Motor Co. is struggling with slumping new car sales amid the novel coronavirus pandemic. The Japanese automaker announced on Tuesday it expects to make an annual operating loss for a second straight year. It issued forecast for the full fiscal year ending March 2021, saying it expects revenue of ¥7.8 trillion ($74 billion) – down 21% – and a net loss of ¥670 billion ($6.4 billion).

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