REUTERS: Nissan Motor Co Ltd said on Friday a report by the Nikkei that it would slash production this year was"completely incorrect" and that it had lodged a complaint with the business daily, in an unusually strong denial of a media report in Japan.
"The details reported in this story are completely incorrect, and Nissan has voiced its strong objection to the Nikkei," the Japanese automaker said in a statement posted on its website. The Nikkei, which also owns Britain's Financial Times newspaper, confirmed it had received the complaint from Nissan. It said it would continue to cover the issue and promptly report all the facts once they become clear.The newspaper had earlier reported that Nissan aimed to produce about 4.6 million units in fiscal 2019, citing plans being communicated to the automaker's suppliers.
Earlier this year, Nissan, which has been battling falling sales, lowered its operating profit forecast for the current fiscal year to 450 billion yen , 22 percent lower than a year earlier. It would be Nissan's lowest profit since 2013.
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