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Japan: Nissan set to eliminate auto debt in FY2010

According to the Nikkei Japanese business daily, Nissan Motor's automobile business is expected to be debt free for the first time in three years in its fiscal 2010 (year ended 31 March 2011), with its net cash position likely being about ¥100bn (US$1.09bn). The report said Nissan aims to slash its It’s time to log … Continued

According to the Nikkei Japanese business daily, Nissan Motor's automobile business is expected to be debt free for the first time in three years in its fiscal 2010 (year ended 31 March 2011), with its net cash position likely being about ¥100bn (US$1.09bn).

The report said Nissan aims to slash its

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