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

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

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

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 ...

Espinosa says Mexico is also a special market for Nissan because of its penetration: it is one of the few places where Nissan has about 20 percent market share.