AsianFin -- Japanese automaker Nissan unveiled new cost-saving measures on Tuesday, including an additional 11,000 job cuts, and decided to withhold its financial earnings projections for the fiscal year through March 2026.

The company reported an operating profit of 69.8 billion yen ($472.13 million) for the fiscal year that just ended. Despite this, Nissan faced challenges in the U.S. and China, underwent a CEO change, and saw merger talks with Honda collapse.