GUANGZHOU -- Nissan Motor's closure of its newest assembly plant in China is the latest in a series of setbacks suffered by Japanese automakers in an increasingly cutthroat market.
Automobiles
Nissan plant closure underscores Japanese cars' China problem
Relentless price cuts force hard choices in what was once automaker's top market
An Altima sedan from Nissan Motor in Beijing. Nissan's sales volume in China dropped 16% last year. (Photo by Sei Matsumoto)
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