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Dwindling cash saps Nissan's ability to rebuild post-Ghosn lineup

First-quarter results to show scope of pandemic fallout amid expansion drive

Nissan plans to step up the release of new models, like the Ariya all-battery sport utility vehicle.   © Reuters

TOKYO -- Nissan Motor's automobile business faces the prospect of running out of cash over the next year and a half as the pandemic exacerbates the company's financial struggles and raises doubts over its long-term competitiveness.

"Free cash flow for our automobile business this fiscal year is going to be negative," one Nissan executive said. "If we keep investing, we'll have a negative cash flow until at least the first half of the next fiscal year."

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