Fitch downgrades Nissan Motor's rating to junk status with a negative outlook

Wallstreetcn
2025.02.26 11:21

Fitch has downgraded Nissan Motor's long-term issuer default rating from BBB- to BB+. The outlook remains negative. The downgrade reflects Nissan's persistently weak profitability and a recovery trajectory that has been delayed compared to expectations; the rating outlook reflects the uncertainty surrounding the execution of Nissan's restructuring plan