April 24, 2025, 10:21 am
Nissan has revised its earnings forecast, warning of losses between 700 and 750 billion yen as declining sales and devalued assets take their toll. The automaker’s announcement highlights its ongoing struggle in a turbulent market while investors brace for further financial headwinds.
TOKYO (AP) — Nissan expects to rack up a loss totaling 700 billion yen ($4.9 billion) to 750 billion yen ($5.3 billion) for the fiscal year through March because of declining sales and the losing value of its assets, the embattled Japanese automaker said Thursday. Nissan Motor Corp. was already...
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