NMAC could be forced to provide cash to its faltering OEM

Photographer: Kiyoshi Ota/Bloomberg

Nissan Motor Co. may need its U.S. captive, Nissan Motor Acceptance Corp., to funnel additional liquidity to the OEM. Nissan Motor Co.’s financial strength continues to weaken, a deterioration that began before the coronavirus crisis and has only worsened in recent weeks, according to Moody’s Investors Service. Even starting in February, Moody’s began to cut Nissan Motor Co.’s credit rating. […]

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