Japanese Automaker Nissan Reduces Losses and Expects to Return to Profit

Nissan Finally Wants To Grow

Plus Stellantis' plans to make new partnerships, high gas prices pushing ever more buyers into EVs, and Volkswagen's bosses wanting more cash.

Nissan Reduces Losses and Expects to Return to Profit

Quarterly sales declined nearly 2% to $22 billion. Nissan said it was working on cost cuts and other efforts to become more profitable.

Nissan reports 'steady progress' despite axing jobs and closing production line in Sunderland

Nissan has published its financial reports, showing steady progress, just a week after announcing that it would be cutting hundreds of jobs and making major changes to its UK factory.The Japanese brand has confirmed that it delivered a positive operating profit of 58.0 billion yen (£271.9billion), which it said was driven by "disciplined execution".It sold 3.15 million units, while consolidated revenue reached 12 trillion yen (£56.2billion), alt…

Japanese automaker Nissan reduces losses and expects to return to profit

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 expects return to profit after huge loss

Like other Japanese carmakers, Nissan is being squeezed by U.S. tariffs, the Middle East war and fierce competition from Chinese rivals, but it also has its own issues.

Nissan eyes return to growth after another year in red

Nissan projected on Wednesday a small net profit this year after posting another huge loss for the second consecutive year, with the Japanese troubled automaker suggesting it has '...