Nissan has requested a 500 billion-yen ($4.6 billion) commitment line from major lenders after sales were decimated by the coronavirus outbreak, two people with knowledge of the matter told Reuters on Thursday.
Like other automakers, Nissan has been hard hit as the pandemic crushes demand and disrupts production, but the Japanese automaker is more vulnerable than others.
Even before the outbreak, it was badly hit by a slump in profitability following decades of aggressive expansion and the scandal surrounding ousted leader Carlos Ghosn.
