Heavy Duty Trucking Logo
MenuMENU
SearchSEARCH

Nissan Diesel Bailout Near

Debt burdened Nissan Diesel Motor Co. is about to get some relief from its creditor banks, according to Reuters news service. A spokesman for Industrial Bank of Japan, one of Nissan Diesel's main creditors, told the Japanese press that announcement of a deal could come as early as this week.

by Staff
January 31, 2000
1 min to read


Debt burdened Nissan Diesel Motor Co. is about to get some relief from its creditor banks, according to Reuters news service. A spokesman for Industrial Bank of Japan, one of Nissan Diesel's main creditors, told the Japanese press that announcement of a deal could come as early as this week.

Analysts say the bailout is necessary if the company is to survive. Nissan Motors recently announced a massive restructuring that didn't include the truck subsidiary. Renault owns 22.5% of Nissan Diesel -- acquired with a 36.8 stake in Nissan Motor -- but has said it won't put any more money into the truck maker until its debt is restructured. DaimlerChrysler has said it's interested in Nissan Diesel, but not with its current debt problems.
The truck builder reportedly has more than 500 billion yen in consolidated debt, about 10 times more than shareholder's equity. In it's peak year it sold some 160,000 trucks but sales last year were about half that.

Topics:Equipment

More Equipment

Rep. Ryan Mackenzie on Mack Defense order.
EquipmentJune 23, 2026

Mack Defense Secures $47 Million to Continue Military Dump Truck Production

President Trump visited Mack Defense’s Macungie, Pennsylvania, facility on June 23 to tout a $47 million Heavy Dump Truck order.

Read More →
Mack Truck Museum, Allentown, PA.
Equipmentby Jack RobertsJune 23, 2026

New (Antique) Trucks Take the Spotlight at the Mack Trucks Museum

The Mack Trucks Historical Museum has a slate of new historic vehicles on display this year.

Read More →
Illustration of toy truck on top of 100-dollar bills, with logos for Wex and TFS Financial
Equipmentby News/Media ReleaseJune 23, 2026

WEX, TFS Launch Equipment Financing Program for Trucking Fleets

The companies say the program uses technology to connect fleets with financing providers more efficiently than traditional lending channels.

Read More →
Ad Loading...
Line of vintage trucks
EquipmentJune 19, 2026

Historic, Vintage, and Antique Trucks at the 2026 ATHS Convention

More than 500 trucks were on display, indoors and out, at the 2026 American Historical Society annual convention in Springfield, Missouri.

Read More →
Illustration showing DEF tank and Detroit engine
Equipmentby Deborah LockridgeJune 18, 2026

DTNA Software Update Gives Truckers More Time Before DEF Derates Take Effect

The changes reflect EPA guidance aimed at reducing downtime caused by emissions-system faults while maintaining compliance requirements.

Read More →
photo of a military truck with "Great American Trucks" wording on top of red-white-and-blue background.
Equipmentby Jack RobertsJune 16, 2026

Great American Trucks: The International MaxxPro MRAP

Built from an International WorkStar chassis and powered by a MaxxForce diesel, the MaxxPro MRAP became one of the most important military trucks of the Iraq War era.

Read More →
Ad Loading...
2026 Mack Granite interior.
Equipmentby News/Media ReleaseJune 11, 2026

New Mack Granite Cab Puts Driver Comfort Front and Center

Mack’s next-generation vocational truck features a roomier cab, premium seating, advanced steering technology, and a driver-focused interior designed with direct input from professional operators.

Read More →
Mack Trucks Pioneer Nascar Salutes truck.
Equipmentby News/Media ReleaseJune 11, 2026

Mack Unveils Fan-Selected Patriotic NASCAR Pioneer Wraps

Racing fans picked the patriotic design now featured on three Mack Pioneer trucks hauling NASCAR equipment across the country during the 2026 season.

Read More →
Michelin X Line Grip D tires.
Equipmentby News/Media ReleaseJune 9, 2026

Michelin Expands X Line Grip D Tire Line

Michelin is expanding its X Line Grip D drive tire lineup with a new pre-mold retread and additional sizes, building on what the company says is strong fleet adoption of the tire's traction, mileage, and fuel-efficiency benefits.

Read More →
Ad Loading...
Illustration of SCR/DEF system on heavy-duty truck
Equipmentby News/Media ReleaseJune 4, 2026

Engine Technology Forum Launches SCR, DEF Resource Center Amid Emissions Debate

The Engine Technology Forum’s new online hub aims to provide fleets, policymakers, and equipment owners with fact-based information about selective catalytic reduction technology, diesel exhaust fluid and emissions compliance.

Read More →