Nissan Q3: automobile ops in the red for third quarter
Our introduction to Nissan's Q2 results is unchanged for Q3: its fiscal year is not getting any better, nor for that matter is its forecasting ability. A 99% drop in operating profit and downgrade to the full-year profit forecast in fiscal Q1 was followed by an 85% profit fall and further downgrade in Q2 and a 78% profit fall and a third downgrade in Q3.
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Originally posted on: https://www.automotiveworld.com/articles/nissan-q3-automobile-ops-in-the-red-for-third-quarter/