Nissan Predicts $5.3 Billion Loss Amid Declining Sales
Nissan Motor Corp. expects to post a loss of 700 billion yen ($4.9 billion) to 750 billion yen ($5.3 billion) for the fiscal year through March due to declining sales and devalued assets, citing higher impairment costs and reduced vehicle production. The automaker, which produces mid-size sedans like the Altima and luxury models like Infiniti, … Read more