Nissan Motor Co Ltd reported a 70% profit tumble on Tuesday and cut its full-year outlook to an 11-year low, as the Japanese automaker continued to grapple with falling sales and the aftermath of the ouster of former Chairman Carlos Ghosn. Operating profit at Japan’s second-biggest automaker by sales came in at 30 billion yen ($274.98 million) during the July-September period versus 101.2 billion yen a year earlier. Nissan, whose financial performance has been in the doldrums for nearly two years, cut its forecast for operating profit to 150 billion yen in the year through March 2020, …read more
Source:: Yahoo Finance
