Nissan keeps outlook as latest quarter shows turnaround effort

Nissan Motor Co. has maintained its financial outlook for the latest quarter, providing an early indication that ongoing turnaround efforts are taking effect. The results mark a critical milestone in the company's trajectory following a prolonged period of sliding sales.

The performance serves as an initial test for Chief Executive Officer Ivan Espinosa's leadership as he works to stabilize the automaker. Espinosa has been spearheading strategic initiatives to navigate the company out of years of management turmoil and operational challenges.