Home
Don't have an account? Create one now! It's always free!


Forgot Password
Ed's Auto Parts - Mention MOTORGEN for a Discount!
Motorgen Sponsor: McLeod Racing
Motorgen Sponsor: American Muscle - Add style and performance to your Stang
Motorgen Sponsor: Hall Fabrication & Racing
Motorgen Sponsor: Injectors Plus - Performance Fuel Delivery Systems
Reply
 
Thread Tools
Old 02-13-2020, 06:20 AM   #1
RSS ReaderRSS Reader is offline
Senior Member
 
Join Date: Feb 2009
Posts: 92,755
Default Scandal-hit Nissan sinks into red ink as sales plummet

Filed under: Earnings/Financials,Government/Legal,Nissan
Nissan, reeling from a scandal over its former superstar executive Carlos Ghosn, sank into red ink in the latest quarter as its vehicle sales fell around the world, and the Japanese automaker slashed its profit forecast for the year. Nissan Motor Co. reported Thursday a loss of 26 billion yen ($237 million) for October-December, a reversal from the 70 billion yen profit recorded a year earlier. Quarterly sales slipped nearly 18% to 2.5 trillion yen ($23 billion), as Nissan's vehicle sales fellContinue reading Scandal-hit Nissan sinks into red ink as sales plummet
Scandal-hit Nissan sinks into red ink as sales plummet originally appeared on Autoblog on Thu, 13 Feb 2020 08:43:00 EST. Please see our terms for use of feeds.


Permalink | Email this | Comments

More...
  Reply With Quote
Reply



Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off


All times are GMT -7. The time now is 02:06 AM.