Nissan warns: Losses will further expand under transformation and tariff resistance.

date
31/07/2025
Nissan Motor Company predicts that its operating loss from April to September will reach 180 billion yen and has not yet announced its financial performance guidance for the fiscal year ending in March 2026. The company's CEO, Ivan Espinosa, stated that Nissan is in the early stages of a transformation plan, planning to cut 20,000 jobs and reduce production bases from 17 to 10. Nissan faces resistance from the trade war brought on by US President Donald Trump, with tariffs expected to result in a loss of 300 billion yen. Bloomberg industry research senior automotive analyst Tatsuo Yoshida said that the company lacks sufficient product strength, brand influence, and sales capabilities.