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2021-06-22

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Nissan CEO says performance for April, May better than expected

TOKYO (Reuters) - Nissan Motor Co's financial performance in April and May was better than expected,

Nissan CEO says performance for April, May better than expected

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Sources have told Reuters the company would temporarily halt production at some plants in Japan and Mexico this month.</p>\n<p>\"As we pay close attention to the market trends and adjust production of models, we are minimising the negative impact of the semiconductor supply issue on the plant utilisation rate,\" Uchida said.</p>\n<p>He added that the company was trying to make up for the production loss within the financial year and to take action to ensure stability in its supply of parts.</p>\n<p>Although the company is not ready to provide dividend forecasts, it will try to generate sufficient net cash and resume payments as soon as possible, Uchida said.</p>\n<p>When a shareholder asked about a domestic media report last week that the automaker is ending the development of its Skyline sedans, Uchida said that Nissan has made no such decision.</p>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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Sources have told Reuters the company would temporarily halt production at some plants in Japan and Mexico this month.\n\"As we pay close attention to the market trends and adjust production of models, we are minimising the negative impact of the semiconductor supply issue on the plant utilisation rate,\" Uchida said.\nHe added that the company was trying to make up for the production loss within the financial year and to take action to ensure stability in its supply of parts.\nAlthough the company is not ready to provide dividend forecasts, it will try to generate sufficient net cash and resume payments as soon as possible, Uchida said.\nWhen a shareholder asked about a domestic media report last week that the automaker is ending the development of its Skyline sedans, Uchida said that Nissan has made no such decision.","news_type":1},"isVote":1,"tweetType":1,"viewCount":526,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":5,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}