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.
Automaker may face higher borrowing costs amid debt concerns
Nissan's cash on hand has plummeted 30% in six months. © Reuters
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.