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Nissan downgrades full-year forecast, logs nine-month profit fall

Nissan downgrades full-year forecast, logs nine-month profit fall

Japanese automaker Nissan, rocked by the arrest of former chief executive Carlos Ghosn...

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12.02.2019 06:45 PM

Japanese automaker Nissan, rocked by the arrest of former chief executive Carlos Ghosn, on Tuesday revised downward its full-year forecast as nine-month net profit dropped more than 45 percent.

It was Nissan's first earnings report since Ghosn was arrested on November 19 and then sacked as chairman. He is in detention facing charges of financial misconduct.
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