Nissan lost positions in the major markets, especially in the USA and China. The company’s sharing has dropped 31% since the beginning of the year.
The Nissan motor company, following the results of the financial person, ended in March, slightly increased the forecast for sales of $ 100 billion, but warned that net losses could have reached $ 5.3 billion. This is the largest annual shortage of car manufacturer history, reports Bloomberg.
The company also reduced the operating profit forecast to $ 595 million, rather than the previously expected $ 840 million. The statement states that such damage is due to changes in the competitive environment and the collapse of sales indicators.
The company faces the problem of a timely range of model and is forced to provide discounts to avoid excess warehouses, which negatively affect profitability. Nissan lost positions in the major markets, especially in the USA and China.
Remember that the recent former general director of Makoto Uchida resigned from the Executive Committee, which is responsible for the destruction of the company’s financial condition. In the hope of discussing the Nissan crisis, a new leadership was assigned.
Nissan’s shares have experienced a significant fall – 31% since the beginning of the year, after a reduction of 13% in 2024.
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Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.