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International Business Times UK
International Business Times UK
Business
Teddy Cambosa

Nissan Bleeds $5.26 Billion in Losses: Why The Japanese Automaker Is Struggling to Restructure

Japanese automaker Nissan has shown signs of struggle lately this year. It recently reported that it expects to post a record net loss of between £3.69 billion and £3.95 billion ($4.91 billion to $5.26 billion) for the financial year ending in March, citing impairment charges tied to its ongoing restructuring efforts amid continued struggles. Said struggles follow the recent postponement of the Nissan-Honda merger, with the former refusing to be a subsidiary of one of its strongest competitors on a grander, global scale.

Impairments and Restructuring

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