Tough Times for Nissan: Bankruptcy Risk Imminent
One of the world's leading automotive manufacturers Nissan, has entered a difficult period following the difficulties experienced in the global automotive sector. One of the company's top executives said that if Nissan cannot find a new investor, 12 to 14 months announced that it may face the risk of bankruptcy.
The Challenge of Traditional Companies in the Electric Vehicle Industry
Son yıllarda China-based automotive companies The rapid rise of the electric vehicle sector has put many traditional automotive manufacturers in a difficult position. Especially due to the economic crisis in Europe Volkswagen, has decided to close some of its factories in Germany. While this situation has had wide repercussions in the automotive world, news from Japanese manufacturer Nissan has also attracted attention.
Nissan on the Critical Threshold
An unnamed official from the management shared information with the international press, saying that Nissan 12-14 months stated that it could go bankrupt if it does not receive new investment within a year. The company plans to take a series of measures to overcome this difficult process:
- 9,000 to fire someone
- Production capacity percent 20 reduce by the rate
- Selling its stake in Mitsubishi
- Postponing new model launches
Decline in Profitability in the Industry
The economic difficulties experienced by automotive companies in Germany and Japan are based on: serious declines in profitability The latest financial reports show that the leading manufacturers in the sector have made profits compared to last year. Profitability losses of up to 80 percent The biggest reasons for these losses are the increase in the share of Chinese companies in the sector and the rise of electric vehicle manufacturers. aggressive pricing policies This situation also negatively affects the sales of traditional automotive companies.
