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(Update) Nissan Bracing for 670-B.-Yen Annual Net Loss

(Update) Nissan Bracing for 670-B.-Yen Annual Net Loss

   Tokyo, July 28 (Jiji Press)--Nissan Motor Co. <7201> said Tuesday that it expects to suffer a consolidated net loss of 670 billion yen in the year ending in March 2021 after a loss of 671.2 billion yen the previous year.
   The Japanese automaker is facing a slump in vehicle sales stemming from a delay in new model launches as well as the worldwide spread of the novel coronavirus.

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