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(Update 2) Nissan Bracing for 670-B.-Yen Annual Net Loss

(Update 2) 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, the second consecutive annual loss.
   The Japanese automaker is facing the fallout from the worldwide spread of the novel coronavirus, on top of a slump in vehicle sales stemming from a delay in new model launches.

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