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Wed 11 Nov 2009Nissan turns to profit outlook
Nissan Motor, Japan's third-biggest car maker, today revised its annual outlook to a profit from a loss as soaring sales in China helped drive quarterly earnings beyond the market's expectations.
Nissan had been expected to lift its forecasts after it cranked up its sales target in the fast-growing Chinese market by nearly a fifth in September as Beijing's tax incentives for smaller cars boosted demand for models such as the Tiida and the Sylphy.
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