Nissan Warns of More Losses on Turnaround, Tariff Headwinds (2)

Nissan Motor Co. warned of sizable losses as it pushes forward with its costly turnaround plan and grapples with the fallout of US President Donald Trump’s trade war.

The carmaker forecast ¥180 billion ($1.2 billion) in operating losses for the April-September period, it said Wednesday. It withheld guidance for the fiscal year ending in March 2026, though analysts are projecting a ¥234 billion deficit.

Ivan Espinosa on July 30.

Photographer: Nicholas Takahashi/Bloomberg

Nissan saw a ¥79 billion loss during the quarter ended June 30, which was better than analysts’ average prediction for about ¥119 billion and Nissan’s own forecast for a ¥200 billion loss. The company ...