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Nissan reduces losses and expects to return to profit

Ivan Espinosa News

Nissan reduces losses and expects to return to profit
Financial PerformanceAuto IndustryJapan

Japanese automaker Nissan says it reduced losses for the fiscal year through March. But it remained in the red, battered by U.S. tariffs, inflation and intensifying competition. Nissan reported a 533 billion yen, or $3.4 billion, loss Wednesday, compared to the 670.9 billion yen in red ink racked up the previous fiscal year. Annual sales fell 5%.

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Financial Performance Auto Industry Japan General News Finance Business Asia Pacific Earnings Yuri Kageyama Nissan Motor Co. Ltd. Business Yokohama Government Policy Inflation World News Economic Policy World News

 

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