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04-09-2020, 07:06 AM
Filed under: Earnings/Financials (https://www.autoblog.com/category/earnings-financials/),Rumormill (https://www.autoblog.com/category/rumormill/),Nissan (https://www.autoblog.com/nissan)
https://o.aolcdn.com/images/dims3/GLOB/legacy_thumbnail/800x450/format/jpg/quality/85/https://s.aolcdn.com/os/ab/_cms/2020/03/31150734/2020-nissan-titan-pro-4x-09.jpg Nissan Motor Co Ltd has requested a $4.6 billion commitment line from major lenders to cushion the impact of the coronavirus pandemic while it seeks to engineer a desperately needed turnaround, people with knowledge of the matter said. As the virus decimates car demand and disrupts production across the industry, Nissan is particularly vulnerable, still reeling from sharp drops in profits after decades of aggressive expansion as well as management chaos due to the scandal surrounding oContinue reading Nissan reportedly seeks $4.6 billion credit line as coronavirus hammers car demand (https://www.autoblog.com/2020/04/09/nissan-seeking-emergency-loan/)
Nissan reportedly seeks $4.6 billion credit line as coronavirus hammers car demand (https://www.autoblog.com/2020/04/09/nissan-seeking-emergency-loan/) originally appeared on Autoblog (https://www.autoblog.com) on Thu, 9 Apr 2020 08:09:00 EDT. Please see our terms for use of feeds (http://www.motorgen.com/rss-term-of-use/).
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https://o.aolcdn.com/images/dims3/GLOB/legacy_thumbnail/800x450/format/jpg/quality/85/https://s.aolcdn.com/os/ab/_cms/2020/03/31150734/2020-nissan-titan-pro-4x-09.jpg Nissan Motor Co Ltd has requested a $4.6 billion commitment line from major lenders to cushion the impact of the coronavirus pandemic while it seeks to engineer a desperately needed turnaround, people with knowledge of the matter said. As the virus decimates car demand and disrupts production across the industry, Nissan is particularly vulnerable, still reeling from sharp drops in profits after decades of aggressive expansion as well as management chaos due to the scandal surrounding oContinue reading Nissan reportedly seeks $4.6 billion credit line as coronavirus hammers car demand (https://www.autoblog.com/2020/04/09/nissan-seeking-emergency-loan/)
Nissan reportedly seeks $4.6 billion credit line as coronavirus hammers car demand (https://www.autoblog.com/2020/04/09/nissan-seeking-emergency-loan/) originally appeared on Autoblog (https://www.autoblog.com) on Thu, 9 Apr 2020 08:09:00 EDT. Please see our terms for use of feeds (http://www.motorgen.com/rss-term-of-use/).
Permalink (https://www.autoblog.com/2020/04/09/nissan-seeking-emergency-loan/) | Email this (https://www.autoblog.com/forward/2223216/) | Comments (https://www.autoblog.com/2020/04/09/nissan-seeking-emergency-loan/#comments)
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