A person walks past the logo of Nissan at its showroom at the company’s headquarters in Yokohama, Japan, February 13, 2025. REUTERS/Kim Kyung-Hoon/File Photo
TOKYO : S&P Global Ratings said on Friday it had cut its long-term issuer credit ratings on Nissan Motor to ‘BB’.
It said that “prospects for a fast improvement in Nissan Motor’s automotive business to levels comparable with similarly rated peers’ are now remote”.