Nissan finance the auto financing sector in Asia

The auto financing sector in Asia remains bullish, and Nissan Finance’s exposure to hybrid and EV models could be a growth driver. Analysts forecast a 6% rise in loan portfolio size by the end of fiscal 2024. According to the data, Volkswagen has topped the table, securing 8.52% of the total market for the year 2024, with a gross revenue of £262,360 ($352,633) from these pre-registered vehicles. Nissan President and CEO Makoto Uchida said: “These turnaround measures do not imply that the company is shrinking. Nissan will restructure its business to become leaner and more resilient, while also reorganizing management to respond quickly and flexibly to changes in the business environment. We an aim to enhance the competitiveness of our products, which are fundamental to our success, and set Nissan back on a path of growth. As a cohesive team, we are dedicated to working together to ensure the successful implementation of our plans.” Economists expect broader financial sector gains.