Nissan, Mazda Turn into Red in April-June
Tokyo, Aug. 8 (Jiji Press)--U.S. President Donald Trump's high tariffs gave a severe blow to earnings at seven major automakers in Japan in April-June, sending Nissan Motor Co. and Mazda Motor Corp. into the red for the first time in five years on a fiscal first quarter basis.
According to their earnings reports for the first three months of fiscal 2025, Nissan logged a group net loss of 115,758 million yen, against a net profit of 28,562 million yen a year earlier, and Mazda 42,104 million yen, against 49,814 million yen.
(2025/08/08-12:52)
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