Nissan's Quarterly Losses Expand as Recovery Plan Advances

Nissan’s quarterly losses expand as the recovery plan advances with a $534 million operating loss in the latest quarter, smaller than the $1.35 billion feared but still marking the first in over four years. Fiscal year 2024 ended with a $4.5 billion net loss, and now they’re forecasting $4.2 billion net loss for the year to March amid restructuring like plant closures and 20,000 job cuts. U.S. tariffs hit hard on imports, sales dipped, especially in America down 3.7%, though China EVs helped a bit. CEO pushes for profitability by 2026 fiscal end, with cost savings over $200 million already from fixed cuts and better mixes. Full-year revenue outlook holds at around $84 billion but profits undetermined due to uncertainties. It repeats that turnaround push lightly amid ongoing troubles. Feels like persistent challenges softening progress.

Nissan Rogue

Nissan Rogue feels like the steady family hauler in lots, spacious and all but sales softening with tariffs making ownership pricier maybe. It exists reliably yet company losses make future uncertain. Contradicts value somewhat. Repeats that everyday SUV spot.

Nissan Altima

Nissan Altima commutes quietly as a sedan, feeling economical but midsize market fades it out slowly. Owners sense the uncertainty from broader woes. Softens without full resolve.

Nissan Leaf

Nissan Leaf charges up electric in driveways, quiet drives that trail off on range, contradicting EV pushes amid losses. Existence repeats lightly doubtful now.