Nissan to sell redesigned Note compact car in Japan as it looks to restore profitability

Tue Nov 24 2020
Mark Cooper (3143 articles)
Nissan to sell redesigned Note compact car in Japan as it looks to restore profitability

Nissan Motor Co Ltd on Tuesday said it will sell a redesigned version of its best-selling Note compact car in Japan from December featuring new hybrid drive technology, to win market share from Toyota Motor Corp and Honda Motor Co Ltd.

The Note’s first full model change in eight years is part of a plan by the carmaker to revamp an aging vehicle line up and return to profitability as it pulls back from the expansion pursued by former Chairman Carlos Ghosn to focus on sales in Japan, China and the United States.

Tags Nissan
Mark Cooper

Mark Cooper

Mark Cooper is Political / Stock Market Correspondent. He has been covering Global Stock Markets for more than 6 years.