#Latest news with #annuallossJapan Times13-05-2025AutomotiveJapan TimesNissan gets ‘wake-up call' with $4.5 billion annual net lossNissan posted a massive annual loss as it failed to innovate, compete and restructure and found itself with a tired lineup and lagging in the ongoing technological revolution in the automobile industry. In an announcement Tuesday, the Yokohama-based company reported a net loss of ¥670 billion ($4.5 billion) in fiscal 2024. The period ended March 31, just days before new 25% tariffs on automobiles were effective in the United States. It is the third biggest annual loss in Nissan's history.
Japan Times13-05-2025AutomotiveJapan TimesNissan gets ‘wake-up call' with $4.5 billion annual net lossNissan posted a massive annual loss as it failed to innovate, compete and restructure and found itself with a tired lineup and lagging in the ongoing technological revolution in the automobile industry. In an announcement Tuesday, the Yokohama-based company reported a net loss of ¥670 billion ($4.5 billion) in fiscal 2024. The period ended March 31, just days before new 25% tariffs on automobiles were effective in the United States. It is the third biggest annual loss in Nissan's history.
13-05-2025
