TOKYO -- Nissan Motor on Thursday forecast a net loss of 615 billion yen ($5.8 billion) for the fiscal year through March, a slight upward revision from previous guidance, helped by an improvement in sales and the implementation of cost-cutting measures, but analysts said it still faces a long road to profitability.
Automobiles
Nissan trims annual loss forecast to $5.8bn as sales improve
Automaker still faces challenges while Toyota and Honda rake in profits