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Nissan to cut North American production by up to 20%

Automaker puts profit ahead of market share as US sales stall

Nissan expanded its U.S. share by offering generous sales incentives. (Photo by Masahisa Yuzawa)

TOKYO -- Nissan Motor is slashing production as much as 20% in North America to cope with a U.S. automobile market where sales declined for the first time in eight years in 2017.

Cuts are already afoot at two assembly plants in the U.S. and three in Mexico. Workers will stay home an extra two or so days a week. Lines will slow to the point where output drops roughly 10% to 20% on the year by summer.

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