SMYRNA, Tennessee, U.S.A. — Japan's Nissan Motor Co. Ltd. says it has exceeded its purchasing cost-cutting goals in the first full year of the Nissan Revival Plan. The plan calls for extracting 8% out of purchasing costs from suppliers in the fiscal year ended March 31, followed by a 7% cut this year and a 5% cut in the plan's third and final year. When the automaker announces its financial results May 17, it most likely will have slashed procurement costs by a minimum of 10% for the first ...

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