Nissan reported losses: How much did the automaker lose by leaving Russia?


Nissan lost $165 million by exiting the Russian market in the second quarter of 2022. Compared to the same period last year, profits fell 68%, according to a report by the automaker on its official website.

“The company’s net profit in 2022 was $119.3 million less than a year earlier, reflecting a one-time loss of $165 million recorded in the second quarter and related to Nissan’s exit from the Russian market and a of the profit share of affiliates”, – explained in the text.

Nissan announced a full withdrawal from Russia in early October. The company has transferred 100% of its assets to state ownership, represented by FSUE NAMI. At the same time, the company guaranteed the maintenance of jobs at the St. Petersburg car factory and the payment of part of the salary to employees.

Requires 7,000 tires in popular sizes

Without ties, public order cannot be guaranteed, and medical care cannot be provided to those who need it.

“Behind the Wheel” together with the Popular Front began to collect money that will be used to buy tires for cars of the People’s Police and operational services of the LPR and DPR: ambulances, the Ministry of Emergency Situations, vehicles delivering humanitarian aid to the inhabitants of Donbass and army equipment. You can make your contribution
on the collection page.

Source: Z R

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