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Nissan expects ‘significantly higher’ sales for 2011

Carlos Ghosn, chief executive of Nissan Motor Co has said the company will forecast "significantly higher" sales for fiscal 2011 after restoring production more quickly than expected from a post-quake setback, Reuters has reported. "We are going to show you the numbers tomorrow. It is significantly higher (than last year's)," Ghosn said, adding that the guidance could surprise market watchers. "We have some restrictions on production but we are approaching normal levels of production and two months ago we never would have thought we would be approaching normal levels."