TOKYO/HIROSHIMA -- Mazda Motor has requested 300 billion yen ($2.8 billion) in financing from Japan's three megabanks and other institutions as it braces for further fallout from the coronavirus pandemic, and part of the loan has already been provided, Nikkei learned on Saturday.
Automobiles
Mazda seeks $2.8bn from Japanese banks
Coronavirus further weakens automaker's sales as cash flow turns negative