Nissan Says Fewer Than 20 Suppliers Are in Critical State
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Nissan Motor Co. Chief Executive Officer Carlos Ghosn said fewer than 20 suppliers are still in a critical situation, down from 40 in March, after Japan’s record earthquake halted factories and crimped domestic sales.
“Much less than half” of the suppliers have yet to recover, allowing Nissan to forecast that global production will return to normal levels by October, Ghosn said yesterday in an interview in Yokohama, Japan. “We’re closing down on these cases and there’s a very collaborative effort that is taking place.”