Nissan has revised its earnings forecast downward, citing larger-than-expected losses. The automaker is grappling with financial challenges that have prompted a reassessment of its fiscal projections. This move reflects broader industry pressures, including supply chain disruptions, rising costs, and shifting consumer preferences. Nissan’s decision to adjust its forecast underscores the difficulties faced by traditional automakers in adapting to a rapidly changing market environment. The company is exploring strategies to mitigate these losses and stabilize its financial performance in the coming quarters.
— new from Yahoo Finance