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Nissan Motor suspended its profit forecast for the current year, and said it was likely to swing to an operating loss in the first quarter. The automaker, which was already restructuring its ...
Nissan’s consolidated operating profit fell 85% year-over-year to 85 billion JPY (approximately 544 million USD), 35 billion JPY (approximately 224 million) lower than its previous forecast.
Nissan Motor Co. vowed to close seven factories ... The Japanese automaker decided against issuing an operating profit forecast for the fiscal year ending March 2026, and reported a net loss ...
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During the current financial year to end-March, Nissan has cut its profit forecast no fewer than three times. Nearly all legacy auto brands are having to contend with Chinese EV makers ...
and said it would not issue an operating profit forecast for 2025 because of uncertainties over US tariffs. Nissan has come under intense pressure from Chinese automakers and has struggled to ...
Nissan said it sees full year operating profit of 85 billion yen, around 30% lower than its previous forecast. The automaker, which said it will forego a dividend for the full year, will report ...
Nissan's troubles led it to slash its profit forecast three times in the financial year just ended and saw its debt downgraded to "junk" status. Its new chief executive, 46-year-old Ivan Espinosa ...