TOKYO – Japanese automaker Nissan reported Tuesday losses for the fiscal third quarter, as its sales were hit by the coronavirus pandemic and its brand image continued to take a beating from the financial misconduct scandal centered on its former chairman, Carlos Ghosn.
Nissan Motor Co. reported a 37.8 billion yen ($360 million) loss for October-December, bigger than the 26 billion yen loss racked up the previous year.
Quarterly sales fell to 2.2 trillion yen ($21 billion) from 2.5 trillion yen. Nissan’s sales have been recovering from the hit they took earlier this year, when the pandemic slammed supply and demand.