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Tokyo  — Nissan Motor warned of a record $4.5bn operating loss in 2020 and its lowest sales in a decade as the Covid-19 pandemic hampers its turnaround efforts.

Japan's No 2 carmaker is battling to recover from a rapid expansion that has left it with dismal margins and an ageing portfolio, as well as revive its alliance with Renault that was rocked by the arrest of veteran boss Carlos Ghosn...

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