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Auto Industry Mirrors Evergrande: Nissan Postpones Supplier Payments, Axes 20,000 Jobs
5 day ago /
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Author：小编
Nissan's operational crisis is deepening, as the company prepares to delay payments to its suppliers by up to three months. Internal documents reveal that Nissan is incurring daily losses averaging 110 million yen and has already resorted to laying off 20,000 employees. In an effort to ease the strain on its cash flow, Nissan has proposed a deferred payment scheme, a move that places its suppliers in a precarious position.
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