Japanese automaker Nissan forecast a huge annual loss that would amount to twice as much as what analysts had predicted

Japanese automaker Nissan forecast a huge annual loss that would amount to twice as much as what analysts had predicted

 Yuichi YAMAZAKI

Japanese automaker Nissan said on Thursday it expected to suffer a net loss of 650 billion yen ($4.2 billion) in its fiscal year that ends in March, as it struggles with sluggish sales.

The huge loss is twice as much as analysts surveyed by Bloomberg had predicted.

Originally published on doc.afp.com, part of the BLOX Digital Content Exchange.

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