
Nissan Finally Breaks Two-Year Profit Streak Amid Industry Turbulence
Nissan posts its first quarterly net profit in two years (about $23.9 million) for the quarter ending June, aided by restructuring and cost cuts, while keeping its full-year forecast and outlining 20,000 job cuts by 2028; Toyota looks to a fifth straight quarterly profit decline amid a weak yen and earthquake disruptions, with roughly $7.04 billion expected and ongoing production challenges; Stellantis UAW member dies in a renovation-related accident in Center Line, Michigan; Ram recalls 1.5 million 1500 pickups globally for faulty second-row seatbelt anchors; gas prices remain flat around $4.10 per gallon.













