Nissan seeks $4.6 billion credit line after coronavirus hit - sources
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TOKYO (Reuters) - Nissan Motor has requested a 500 billion yen (3.71 billion pounds) commitment line from major lenders after sales were battered by the coronavirus outbreak, two people with knowledge of the matter told Reuters on Thursday. Like other automakers, Nissan has been hard hit as the pandemic decimates demand and disrupts production, but the Japanese automaker is more vulnerable than others.Even before the outbreak, it was badly hit by a slump in profitability following decades of..