Nissan sees record annual net loss for 2024 as carmaker tries to turn around business under new CEO

Nissan has announced it now expects a record net loss of up to 4.6 billion euros for the fiscal year that ended in March, around 9 times larger than its previous forecast only two months ago. The Japanese carmaker says this is due to imparement charges as part of its “turnaround plan” under the new CEO, Ivan Espinosa.  Plus, souvenir shops in Rome are seeing an influx of customers as tens of thousands of Catholic faithfuls visit the Vatican to pay tribute to Pope Francis.