TOKYO -- Nissan Motor will take more than 560 billion yen ($3.93 billion) in write-downs and other charges, but the bloodletting is unlikely to cure the automaker, which market watchers say needs more drastic measures.
With sales slumping, further factory closures may be needed

From left to right, Nissan Motor's former CEOs Carlos Ghosn, Hiroto Saikawa and Makoto Uchida, and current CEO Ivan Espinosa. (Nikkei montage)
TOKYO -- Nissan Motor will take more than 560 billion yen ($3.93 billion) in write-downs and other charges, but the bloodletting is unlikely to cure the automaker, which market watchers say needs more drastic measures.