Nissan Company News

Introduction

Nissan lost money this year, but the loss is smaller than last year.

Main Body

Nissan lost 533 billion yen. This happened because prices went up and Chinese cars are popular. The company also paid high taxes to the US government. CEO Ivan Espinosa wants to fix this. Nissan is selling its main office. The company is also firing some workers. They are changing how they make cars in the UK. Nissan wants to work with other companies. They might make cars for a Chinese company called Chery. This helps them use their factories better. Other Japanese companies are doing well. Banks and AI companies are making more money. A steel company called Nippon Steel is also growing.

Conclusion

Nissan still loses money, but it wants to make a profit by March 2027.

Learning

⚡ The 'Money' Words

In this story, we see words for money moving in different directions. This is very important for A2 level.

Going Down 📉

  • Lost money → spent more than they made.
  • Loss → the amount of money gone.

Going Up 📈

  • Prices went up → things became more expensive.
  • Making more money → getting a profit.
  • Growing → the company is getting bigger/richer.

🛠 Action Words (The 'Fixing' Phase)

Look at how the company changes things:

  1. Selling (Giving an office for money)
  2. Firing (Telling workers to leave)
  3. Changing (Doing things in a new way)

Quick Tip: All these words end in -ing. We use this when the company is doing the action now or as a current plan.

Vocabulary Learning

loss
the amount of money that a company or person no longer has
Example:Nissan had a loss of 533 billion yen this year.
price
the amount of money that something costs
Example:The price of cars went up, causing the company to lose money.
tax
money that people or companies pay to the government
Example:Nissan paid high taxes to the US government.
CEO
Chief Executive Officer, the highest-ranking manager in a company
Example:CEO Ivan Espinosa wants to fix the company's problems.
office
a room or building where people work
Example:Nissan is selling its main office.
worker
a person who does work for a company
Example:The company is firing some workers.
factory
a building where goods are made
Example:They are changing how they make cars in the UK factories.
profit
the money a company makes after paying all costs
Example:Nissan wants to make a profit by March 2027.
money
currency used for buying and selling
Example:Nissan lost money this year.
government
the group of people that runs a country
Example:The company paid high taxes to the US government.