Nissan bleeds cash as sales slump and expenses mount

Automaker may face higher borrowing costs amid debt concerns

20241119N Nissan logo

Nissan's cash on hand has plummeted 30% in six months. © Reuters

KAZUHIRO NOGUCHI, Nikkei staff writer

TOKYO -- Nissan Motor's cash on hand is falling sharply, down 30% in six months in the automobile business, as sluggish sales -- especially in the U.S. and China -- push the company's free cash flow into negative territory.

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