Nissan reports profit slumps
- November 14, 2019
- Posted by: Simon Wait
- Category: Industry News
Nissan has reported a 70% drop in quarterly profit and cut its full-year forecast to an 11-year low.
The company’s global vehicle sales fell 7.5% to 1.27 million in the quarter. Sales in China, its biggest market, fell 2.5%, while those in the United States fell 4.5%.