Japan carmaker Nissan announced a recovery plan to create a "more resilient business that adapts quickly to market changes", after the company reported a net loss of ¥671 billion (€4bn) for the fiscal year that just ended in March. This compares to the previous fiscal year's net profit, which amounted to €2.6bn.
The loss was mainly driven by slipping vehicle sales in China and other nations, and towering restructuring costs.
