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I think it had a lot to do with the decline of the sports car market in the US and the fact that the 300ZX was already here in the US...
Nissan's 300ZX was already competing for market share with other Japanese sports cars (RX-7, Supra, 3000GT) and to a smaller degree, US sports cars (Corvette, Mustang).
I don't think Nissan wanted to introduce another sports car into an already crowded market, especially since the Skyline would have blown away the 300ZX TT IMO...
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