Japanese automaker Nissan has reported a 115.8 billion yen, or $782 million, loss in April-June, but is promising to return ...

Japanese automaker Nissan reported a 115.8 billion yen loss for April-June but aims to regain profitability by year-end. The ...

The Japanese carmaker is undertaking restructuring steps to turn around its business and reverse falling sales.

Nissan recently appointed a new CEO, who almost immediately jumped into bad news delivery mode . Ivan Espinosa reported a $4.5 billion loss for the automaker in the last financial year and ...

Ivan Espinosa, who will become the chief executive at Japanese automaker Nissan in April, speaks to reporters at the Nissan Technical Center in Atsugi, Japan, Wednesday, March 25, 2025. (AP Photo ...

Cash is cash Espinosa says Nissan does not have a cash problem, it has a cash flow generation problem, meaning it is not generating enough revenue. He says Nissan has about 1 trillion yen ($6.7 ...

Nissan has a new CEO. Today is Ivan Espinosa’s first day in the top job and he is acutely aware of the challenges ahead of him. Espinosa, a Nissan veteran whose most recent job was global chief ...