Nissan CEO Espinosa Apologizes for Poor Financial Performance

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Yokohama, June 24 (Jiji Press)–Nissan Motor Co. President and CEO Ivan Espinosa apologized for the Japanese automaker’s sluggish financial performance at a meeting of shareholders at its headquarters in Yokohama, Kanagawa Prefecture, south of Tokyo, on Tuesday. Espinosa made the apology while citing the net loss of 670.8 billion yen that Nissan suffered in the fiscal year ended last March a…

Yokohama, June 24 (Jiji Press)–Nissan Motor Co. President and CEO Ivan Espinosa apologized for the Japanese automaker’s sluggish financial performance at a meeting of shareholders at its headquarters in Yokohama, Kanagawa Prefecture, south of Tokyo, on Tuesday. Espinosa made the apology while citing the net loss of 670.8 billion yen that Nissan suffered in the fiscal year ended last March a…