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

BUSINESS

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

AFP

16:08, February 12, 2019

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.

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File photo: VCG

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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