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Nissan sees smaller loss, promises sales recovery » Borneo Bulletin Online

May 13, 2021 TOKYO (AP) Nissan reduced its losses in the January-March quarter as restructuring efforts kicked in, despite damage to sales from the coronavirus pandemic, the Japanese automaker said on Tuesday. Nissan Motor Co’s quarterly losses totalled JPY81 billion, a fraction of the JPY710 billion in red ink it racked up last year. Quarterly sales rose to JPY2.5 trillion from JPY2.3 trillion. Nissan Chief Executive Officer Makoto Uchida forecast a recovery in this fiscal year, which began in April 1. All automakers have suffered because of the pandemic, although some have proven more resilient than others. Nissan projects its global vehicle sales will climb nearly nine per cent to 4.4 million vehicles from four million vehicles sold in the fiscal year that just ended. Vehicles sales are expected to rise in North America, Japan and China, the company said.

Nissan Hints At Potential Partnership For Apple Car Project

Nissan Hints At Potential Partnership For Apple Car Project Feb 10, 2021 at 11:32am ET ++ Apple needs a collaborator, and Nissan is at least open to talking about it. The Apple car project might not be dead after all. Nissan is potentially interested in partnering with the tech giant, according to This partnership is still a far way from having ink on paper. The info stems from a question about partnering with Apple during Nissan s quarterly financial results presentation. Chief Executive Officer Makoto Uchida said the automaker aims to work with companies that are knowledgeable, with good experience, through partnership and collaboration. While vague, that statement at least showed Nissan s interest in a collaboration.

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