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Nissan Forecasts Huge Annual Net Loss Of Up To $5.3 Bn

Nissan
International Business Times Fews App News Provider
Fews App Post Time 18h ago

Nissan is due to make its annual earnings announcement in mid-May AFP 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 sales, Nissan is heavily in debt, having trouble selling vehicles in the Chinese market, and like its peers faces a potential body blow from US President Donald Trump's vehicle tariffs.

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