Nissan (OTCPK:NSANY): FQ1 net loss of ¥16.5B vs. a net profit of ¥52.8B a year ago, and...
Nissan (OTCPK:NSANY): FQ1 net loss of ¥16.5B vs. a net profit of ¥52.8B a year ago, and vs. consensus of -¥108.5B. Last quarter Nissan posted a ¥276.9B loss. Sales of ¥1.51T (-36%). Still sees full-year loss of ¥170B. Sources say Nissan will announce today a new China plant capable of producing 240,000 vehicles/year. (WSJ)