Nissan Q3: automobile ops in the red for third quarter

By / / Automotive / 1 minute of reading


Just over a week after the Q3 results were announced, Nissan’s credit rating was cut to speculative grade by Moody’s. By Jonathan Storey

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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Nissan Q3: automobile ops in the red for third quarter



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Avatar of Valerie Colon
Valerie Colon is a news writer for TNT News. She loves writing about sports, education, and technology. She has a degree in journalism from the University of Georgia and has been writing professionally for over two years. She loves writing about hot topics that impact her community and hopes to one day write for major publications.

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