Nissan, Mazda Turn into Red in April&June

HEADLINES

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…

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…