Nissan reports 'steady progress' despite axing jobs and closing production line in Sunderland

1 sources1 storiesFirst seen 5/13/2026Score27Mixed Progress

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Nissan reports 'steady progress' despite axing jobs and closing production line in Sunderland.

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Nissan has published its financial reports, showing steady progress, just a week after announcing that it would be cutting hundreds of jobs and making major changes to its UK factory.The Japanese brand has confirmed that it delivered a positive operating profit of 58.0 billion yen (£271.9billion), which it said was driven by "disciplined execution".It sold 3.15 million units, while consolidated revenue reached 12 trillion yen (£56.2billion), although net income remained negative at 533.1 billion yen (£2.5billion).Nissan acknowledged that the 2026 financial year would "remain challenging", citing competition, inflation and geopolitical uncertainty.

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TRENDING Stories Videos Your Say It recently launched the Re:Nissan recovery strategy to address its financial strategy and ensure it can rebound from difficult years.Nissan is aiming to achieve positive automotive operating profit and free cash flow by the end of the financial year.However, it warned that this excluded the impact of...

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