Tuesday, July 28, 2020

Nissan Motor sees $4.5 billion annual operating loss as pandemic hinders turnaround efforts

Nissan Motor sees $4.5 billion annual operating loss as pandemic hinders turnaround efforts It forecast an operating loss of 470 billion yen ($4.5 billion), which would be its biggest according to Nissan data that goes back to 1977 and much larger than a consensus estimate of a 262.8 billion yen loss drawn from 20 analysts polled by Refinitiv.

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