It also slashed its forecast for full-year operating ... it has a huge amount of debt coming due. Beyond the financial problems faced by Nissan, the company, as well as Honda and other legacy ...

Nissan has decided not to provide any forecast for the financial year ending in March 2026. The company said it is still trying to assess the impact of its current problems and the wider market ...

Nissan is bracing for its worst financial hit ever ... Even a late boost in sales forecasts couldn’t soften the blow. Operating income is now expected to reach only ¥85 billion (around $ ...

Nissan has struggled since the collapse of its long-standing alliance with French carmaker Renault. It faces severe financial problems that ... It also slashed its forecast for full-year operating ...

Struggling Japanese auto giant Nissan issued a stark profit warning on Thursday, forecasting a huge loss of up to $5.3 billion in the 2024-25 financial year. One of the top 10 automakers by unit ...

Here's what's going on in those two countries and why two completely different issues are leading to Nissan's financial hardships. From Bloomberg: In China, sales slumped 24% — bad, but arguably ...

This decision comes as the company struggles with declining profitability, a bloated vehicle inventory, and heightened political pressures that could worsen its financial troubles. Nissan’s ...

“Despite these challenges, we have significant financial resources, a strong product pipeline and the determination to turnaround Nissan in the coming period,” Chief Executive Ivan Espinosa ...

TOKYO, April 24 (Reuters) - Nissan ... financial year that ended in March, it said on Thursday, due to impairment charges as the struggling automaker restructures. That compares with a previous ...

Japanese carmaker Nissan has increased its planned job cuts by 11,000 as part of its recovery plan "Re-Nissan." The company now plans to slash a total of 20,000 positions by 2027. The company ...