Nissan says reported March output plan not new

Newswire

TOKYO, Feb 26 (Reuters) - Nissan Motor Co said on Thursday it had been planning deep production cuts in Japan in February compared with March, saying a newspaper report of a pickup in output was in line with plans announced earlier this month. Nissan's shares rose as much as 5.3 percent earlier on the front-page report in the Nikkei business daily that the automaker was expected to produce 60,000 to 70,000 vehicles next month, nearly 30,000 units more than in February. "We had indicated ...

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