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NSANF (Nissan Motor Co) Interest Expense (Positive)


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What is Nissan Motor Co Interest Expense (Positive)?

Interest Expense (Positive) only applies to insurance companies.


Nissan Motor Co Business Description

Address
1-1, Takashima 1-chome, Nishi-ku, Yokohama-shi, Kanagawa, JPN, 220-8686
While Nissan sold 3.4 million vehicles last fiscal year, total calendar 2023 Renault-Nissan-Mitsubishi alliance sales volume of 6.4 million vehicles makes the group the fourth-largest vehicle seller in the world, behind Toyota at 11.2 million, Volkswagen at 9.2 million, and Hyundai/Kia with 7.3 million vehicles sold. Nissan's financial services subsidiary provides consumers with auto loans and leases but also finances Nissan's sales to its dealerships (known as floor-plan financing). Under a new alliance agreement, Nissan and Renault will have cross-shareholding capped at 15% voting rights for each company. Renault holds the remaining stake in Nissan through a French trust where the voting rights of such shares are "neutralized" for "most decisions" but retain the economic benefit.