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Nissan To Launch SUVs/MPV in India Amid BIG Global Loss

  • Nissan Motor Corporation Ltd. reports a net loss of £3.4 billion for the year ending March due to poor sales in the US and China, trade war effects, and failed merger talks with Honda.
  • The company plans to shut down seven factories, cut 20,000 jobs by 2027, and implement a recovery plan (RE:Nissan) to achieve profitability by FY2026.
  • Nissan to launch SUVs and MPV in India as part of its strategy to make India a major export hub under partnership with Renault.
  • New models set to arrive from the second half of 2025 include re-badged versions of Renault Duster midsize SUV, Renault Boreal three-row SUV, and Renault Triber subcompact MPV along with an A-segment electric car.

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