US EditionNissan could have just 14 months to survive if it doesn’t find investor, insider reportedly says
- Nissan may have only 12 to 14 months to survive, according to a senior official close to the company.
- The company is in "emergency mode" and urgently seeking a new anchor investor amid a grave financial crisis.
- Nissan's situation worsens as Renault reduces its stake, leading to a search for a stable long-term investor.
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Report Says Nissan Has Just 12-14 Months To Survive, Elon Musk Reacts
Japanese automaker Nissan Motor Co is urgently seeking a new anchor investor as the company navigates a state of grave financial crisis, dubbed "emergency mode." A Nissan official warned that the company has only 12 to 14 months to implement these changes and ensure its survival, Finacial Times reported. Nissan's financial crisis is compounded by Renault's decision to reduce its stake in the company. Renault, a longtime partner in the Renault-Ni…
·New Delhi, India
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Nissan recently announced layoffs and new austerity measures, but the situation may be worse than it seems. The brand is looking for a new key investor to help it with stabilization and the future.
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Leaning Left2Leaning Right2Center2Last UpdatedBias Distribution33% Left, 33% Center, 33% Right
Bias Distribution
- 33% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
33% Right
L 33%
C 33%
R 33%
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