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Nissan Motor reported a net profit of 3.76 billion yen ($24 million) for the June quarter, highlighting progress in its restructuring plan. The company continued to tighten costs and improve efficiency amid market volatility.
Nissan Motor Co. announced on June 9 it will launch a new compact SUV equipped with its most advanced hybrid system in Japan, aiming to revive sluggish domestic sales. The new-generation Nissan Kicks, featuring e-Power technology, is expected to arrive in the second half of 2026. The move comes as Nissan's Japanese sales fell 12% in fiscal 2025 to 320,000 vehicles.
Nissan CEO says the company has cut vehicle development time by about half through restructuring, aiming to accelerate new model launches. The move is part of a broader strategy to boost competitiveness amid industry shifts.
Nissan will cut its vehicle development time by half, reducing it from 48 months to 24 months as part of an aggressive restructuring plan. The move aims to speed up product launches, cut costs, and improve competitiveness in the rapidly changing automotive market.
Japanese automaker Nissan has forecast a net profit of 20 billion yen for fiscal 2026, marking a recovery after a difficult period. The announcement comes as Nissan pushes restructuring and efficiency improvements after several tough quarters.
Nissan Motors reported a net loss of 533.10 billion yen ($3.7 billion) for fiscal 2025, its worst performance since the COVID-19 pandemic. The loss is driven by falling sales, rising costs, and supply chain issues, with analysts pointing to competition from Chinese automakers and a slow EV transition.
Nissan Motor Co. reported a net loss of 533.1 billion yen (3.4 billion USD) for fiscal 2025, marking its second consecutive year in the red. The losses are mainly due to restructuring costs as the automaker grapples with global competition and the shift to electric vehicles. Management expects restructuring measures to improve finances in the coming year.
