Nissan Warns of a Profits Dive to Zero ; Engineering
Evening Standard - London › November 19, 2008
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Summary
NISSAN chief Carlos Ghosn has warned that the company's second- half profit will probably fall to zero as the global motor-industry crisis intensifies.
Earlier forecasts had been for a second-half net profit of 33.7 billion yen ([pounds]232.1 million). Ghosn, who is also Renault chief, said sales were diving in the US, and a strong yen was making its cars more expensive for foreigners.See the full content of this document
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Nissan Warns of a Profits Dive to Zero ; Engineering
Carmakers worldwide are warning they face disaster without taxpayer help. Britai...
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