Nissan slashes FY 2024 outlook for third time

By / / Automotive / 1 minute of reading


In its Q3 2024 results, Nissan posted a significant drop in profits and pledged to speed up the timeline of its promised turnaround. By Stewart Burnett

On 13 February 2025, Japanese automaker Nissan posted a 78% plunge in its Q3 operating profits to JP¥31.1bn (US$202m), falling short of analyst predictions and prompting it to lower its full-year 2024 forecast for the third time to JP¥120bn (-20%). The embattled automaker reiterated its pledge to turn around the company’s fortunes, promising an accelerated timeline in some areas.

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Nissan slashes FY 2024 outlook for third time



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About The Author

Avatar of Kerry Gates
Kerry Gates is a news writer for Midlandia Press. She writes about arts, automotive, travel, and fashion. She also loves to spend time with her family and friends, go on road trips, and read historical fiction.

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