TOKYO -- The Japanese government guaranteed the Development Bank of Japan's crisis loans to Nissan Motor, Nikkei has learned, a move that could potentially leave taxpayers on the hook for future losses at the troubled automaker.
Taxpayers on hook for $1bn in automaker rescue by state-backed DBJ
A Nissan representative said the company is not aware that the government is acting as a guarantor on its behalf. © Reuters
TOKYO -- The Japanese government guaranteed the Development Bank of Japan's crisis loans to Nissan Motor, Nikkei has learned, a move that could potentially leave taxpayers on the hook for future losses at the troubled automaker.