Nissan reports first annual loss in a decade, but sees smaller loss this yearTOKYO — Nissan Motor Co., Japan’s No. 3 automaker, reported a 233.7 billion yen ($2.4 billion) annual net loss, its first yearly loss in a decade — but expects the red ink to lessen in the current fiscal year. Nissan reports 233.7 billion yen loss for fiscal year battered by slowdown, strong yenTOKYO — Nissan Motor Co., Japan’s No. 3 automaker, reported a 233.7 billion yen ($2.4 billion) annual loss, a reversal of fortune from the previous profitable year but better than the company’s own forecasts. |
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