Nissan reaches out to the UK for loans, which may prompt action from the Japanese government

Nissan Motor is seeking a government-backed loan from the UK, raising questions about whether Japan will also provide support to the struggling automaker. The Japanese Ministry of Economy, Trade and Industry has previously supported domestic companies, and analysts point out that if Nissan's financial situation worsens further, the Japanese government may have to take action. Nissan plans to raise over 1 trillion yen through debt and asset sales, including a £1 billion syndicated loan guaranteed by the UK export finance agency, to address its financial difficulties