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Nissan seeks to delay supplier payments to free up cash, company emails show

Summary by Reuters
Nissan Motor has asked some suppliers to allow it to delay payments to free up short-term funds, according to several emails and a company document reviewed by Reuters, as the troubled Japanese automaker scrambles to boost cash.

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In the midst of a sea of financial difficulties, Nissan Motor is trying to release short-term funds by asking some of its suppliers to accept late payments, according to the original report.This tactic seeks to alleviate the complicated economic situation facing the Japanese automaker under the new direction of its CEO, Ivan Espinosa, who assumed in April 2025.The moves of the new CEOIvan Espinosa have not wasted time in making drastic decisions…

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Channel News Asia broke the news in Singapore on Monday, June 30, 2025.
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