WRAPUP 1-Nissan, Suzuki slash forecasts as auto gloom deepens

Newswire

* Nissan, Suzuki slash profit guidance * GM/Chrysler merger on hold as govt aid hopes fade-sources * Nissan retracts dividend target as Q2 op profit halves * Japan auto shares fall before results By Chang-Ran Kim, Asia autos correspondent TOKYO, Oct 31 (Reuters) - Nissan Motor and Suzuki Motor capped a turbulent week for automakers everywhere with their own profit warnings on Friday, as executives predicted a rough ride for the foreseeable future. On top of an economic slowdown ...

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