Nissan expects plunge in exportsNissan Motor Co.'s exports...

BUSINESS DIGEST

December 22, 1993

Nissan expects plunge in exports

Nissan Motor Co.'s exports are likely to plunge by nearly 20 percent next year as a high yen makes Japanese goods more costly and as Nissan produces more cars abroad, the head of Japan's second-largest carmaker said yesterday.

"Exports from Japan to the United States will be small in 1994," President Yoshifumi Tsuji said. "Sales of cars made there have already grown 60 percent."

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