Tokyo, July 30, 2025 (AFP) - Struggling Nissan reports $784mn Q1 loss

NAMPA / AFP

2025-07-30

Struggling Japanese automaker Nissan reported a hefty first-quarter loss on Wednesday and declined to give a full-year earnings forecast. The heavily indebted firm, whose mooted merger with Honda collapsed this year, is slashing jobs and closing factories in an attempt to return to profit. On Wednesday it said it posted a net loss of 116 billion yen ($784 million), while revenues tumbled almost 10 percent year-on-year to 2.7 trillion yen. "(Given......

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