With sales evaporating and most factories closed, executives say they are flying blind not knowing when business will return to normal
Spring was supposed to herald a fresh start for the troubled car-making alliance of Renault SA and Nissan Motor Co. Executives were hoping to grab investors’ attention with a vision for the next three years, backed up with detailed projections of profits and sales.
So much for projecting anything. With sales evaporating and most factories closed, the companies’ leaders say they are flying blind with no way of knowing when business will return to normal.
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