Nissan Motor(US:NSANY) 智通财经网·2025-07-09 08:18Group 1 - Nissan has suspended production of three car models destined for Canada at its factories in Tennessee and Mississippi due to tariffs imposed by the U.S. and Canada on imported vehicles [1] - The suspension began in May and affects the production of the Pathfinder and Murano SUVs in Tennessee, as well as the Frontier pickup in Mississippi [1] - The tariffs were initiated by the Trump administration in April, which imposed a 25% tariff on imported cars, prompting Canada to retaliate with its own tariffs [1] Group 2 - Despite Canada being a relatively small market for Nissan, the suspension of exports highlights the challenges faced by global automakers due to tariffs [1] - Nissan reported a net loss of $4.5 billion for the fiscal year ending in March and has approximately ¥700 billion ($4.8 billion) in maturing debt [1] - All three major credit rating agencies have downgraded Nissan's debt rating to "junk" status, and the company has requested some suppliers to allow deferred payments to free up short-term cash [1] Group 3 - Nissan does not have any factories in Canada, and its car sales in Canada for the last fiscal year were approximately 104,000 units, which is less than half of its sales in Mexico and slightly above 10% of its sales in the U.S. [2] - Overall, Canada accounted for only 3% of Nissan's global sales in the last fiscal year [2] Group 4 - On Wednesday, Nissan's stock fell by 3% in the Tokyo stock market, underperforming compared to the Nikkei index [3]