Nissan announced a recovery plan after reporting a net loss of ¥671 billion for the fiscal year ending in March, compared to a profit of €2.6 billion the previous year. The loss was attributed to declining vehicle sales and high restructuring costs. The plan includes reducing auto plants from 17 to 10 and cutting 9,000 jobs by March 2028. CEO Ivan Espinosa emphasized the need for teamwork and discipline to build a resilient future, while acknowledging serious challenges ahead. Teljes cikk (Euronews.com)