Categories: Auto News

Correspondence opened the desperate position of Nissan

The Japanese automaker turned to creditors in Europe and the UK with a request to provide a deferred payment. Reuters writes about this with reference to the merged emails of the leadership and corporate documents. Thus, the Nissan, experiencing financial disaster, wants to get free funds at least for a short -term perspective in order to cope with current expenses.

Nissan previously persuaded some suppliers to flexible conditions, proposing an installment plan with interest instead of immediate payment. That is, in general, the auto giant will have to pay more, but in the future, and immediately after the conclusion of the transaction, the funds remained at his disposal. The correspondence revealed that the suppliers are “again” asking for a delay: some payments for June will be postponed until mid -August or even until September.

Nissan himself explained that he is going to such measures to ensure “sufficient liquidity” in order to cover the current costs of business restructuring and bond payment. According to internal documents, the company wants to release about 150 million euros, but the Japanese did not confirm this information.

495 horsepower: Nissan has released the most powerful Patrol Nissan records in Russia the names of several brands, including Infiniti and Datsun Nissan can sell the historical headquarters in Japan due to debts

Over the past financial year, Nissan recorded a net loss of 700–750 billion yen (4.91–5.26 billion US dollars) – anti -record in the history of the manufacturer. Ivan Espinoza, his new general director, launched a large -scale restructuring program. Its goals are reducing expenses, revising product and market strategies, as well as partnerships.

According to the Expinosis, Nissan was crisis due to the too large ambitions of the former leadership: huge funds were invested in the expansion of the plants, but the company did not achieve the planned goals either in production or in sales.

Forgotten concepts: Nissan Trail Runner off -road coupe

Recent Posts

1920s Harley-Davidson gets a hybrid setup from Jason Momoa

The actor became interested in converting classics into electric cars - he started with a…

Servicing a hypercar with a Formula 1 engine costs 3.2 million rubles

The Mercedes-AMG One hypercar is a privilege for an extremely limited circle of people, which…

Tenet T8 will receive an available 5-seater version with front-wheel drive

As the press service of the AutoSpetsTsentr Group of Companies told the analytical agency Autostat,…

In Nizhny Novgorod, Sobol NN was turned into a motorhome with a travel tent

The camper, based on an all-wheel drive minibus, was designed and manufactured by the Nizhny…

In Moscow, cars began to be issued license plates with the new region code 997

This happened 4 years after the introduction of the regional code 977, which appeared on…

Skoda has unveiled the new Kodiaq-sized Peaq crossover

The main feature of a large electric crossover is its low aerodynamic drag coefficient, like…