AUTOSHOW-Nissan says 4-5 pct margin in Europe possible

Newswire

PARIS, Sept 27 (Reuters) - A top executive at Nissan Motor Co said on Friday a rise in operating profit margin in Europe to four or five percent for Japan's third-largest automaker was possible if it kept to its strategy of cutting costs and boosting efficiency. Patrick Pelata, Nissan's executive vice president and member of the board, told Reuters in an interview that while Nissan's primary aim in Europe was to post a profit on a consolidated basis, it had the potential to compete on an ...

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