HONG KONG (MarketWatch) -- Japanese automaker Nissan Motor Co. is considering seeking financial assistance from the government amid a global sales decline, according to a published report Friday. Nissan has a lot of cash on hand, but is trying to secure its financial base by diversifying funding options, the Nikkei reported. The assistance could be in the form of 50 billion yen ($556 million) in low-cost funds raised from the state-backed Development Bank of Japan, it added. Nissan is also mulling tapping another government aid program run by Japan Bank for International Cooperation, which was founded to help Japanese firms with operations outside the country. Nissan shares gained 1.1% in Tokyo.
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