Categories: Auto News

Nissan reported on the largest loss in his history

According to the results of the financial year, which ended in March, Nissan recorded a net loss of 700-750 billion yen (4.91-5.26 billion US dollars). This was a record for the manufacturer, which conducts large -scale business restructuring in the struggle for survival.

Nissan assets in North America, Latin America, Europe and Japan have depreciated in the amount of more than 500 billion yen. Warm up the situation and expenses for restructuring, the amount of which has already exceeded 60 billion yen.

The new CEO of Ivan Espinosis is trying to save the financial disaster of the auto giant. For this, you have to reduce jobs, reduce production pace and close enterprises.

The new Nissan Elgrand minivan: the first photos, the head of Nissan, ahead of schedule, leaves his post, Nissan admitted that he would not survive without investments from outside

In March, it was reported that Nissan recognized his non -viability without outside investments. Negotiations on the merger with Honda did not lead to anything: the deal fell due to the Nissan’s reluctance to become a subsidiary.

The Honda stated that they were ready to continue to discuss potential cooperation, but provided that Makoto Uchida would leave the post of general director. However, after the voluntary resignation of Uchida, the new rounds of negotiations were not reported.

In March, the Nissan alliance was reported with his longtime partner Renault. The companies agreed to reduce the cross -owning of shares: Nissan got the opportunity to sell up to a third of his share in Renault for about $ 750 million.

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