S&P KILLS NISSAN! “BB-” Rating Crushes Automaker With Brutal Borrowing Costs

S&P KILLS NISSAN! “BB-” Rating Crushes Automaker With Brutal Borrowing Costs

S&P has downgraded Nissan’s credit rating to “BB-“, signaling deep financial distress and inflating borrowing costs for the automaker. This severe rating drop could choke Nissan’s ability to invest in new tech, further jeopardizing its global competitiveness.

Credit to : The Electric Viking