Nissan Motor Co. Ltd.’s Mexican unit slashes its production goal for 2003 from 355,000 units to 328,950 – last year’s output – due to slowing U.S. demand. A Nissan Mexico official tells Reuters: “I don’t want to be pessimistic, at best we could reach the same figures as last year.” Nissan’s output in Mexico was down 13.5% January-July vs. the same period last year. Nissan is not alone in cutting Mexican production. Rival Volkswagen AG also has said it will reduce its output there by ...

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