Japan's No.2 automaker, Nissan Motor Co. Ltd., reports a net loss of ¥27.7 billion (US$229 million) for the fiscal year ended March 31. The amount surpasses the previous fiscal year's loss of ¥14 billion (US$116 million). The rate of exchange in the report (¥121=$1) is based on the approximate exchange rate on March 31, 1999. On the bright side, the company says it has reduced its interest-bearing debt by US$3.3 billion from the beginning of the fiscal year to about US$17 billion. Nissan ...

Premium Content (PAID Subscription Required)

"U.S. market helps Nissan offset fiscal losses" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!

For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: lwilliamson@wardsauto.com or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.