Alan Johnson

British politician (born 1950)

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01.07.2024Labour Party wins the general election

01.07.2024Labour Party wins the general election

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Nissan faces massive losses as car production costs rise in the UK
business 2025-04-24 13:37
Nissan faces massive losses as car production costs rise in the UK
  • Nissan's projected loss for the fiscal year is between 700 billion yen and 750 billion yen, primarily due to declining sales and asset value.
  • High energy and labor costs at the Sunderland plant pose significant challenges, impacting the UK's competitiveness in automotive manufacturing.
  • The company is urging the government for more support to boost electric vehicle production and sales in order to remain viable.
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