Home > Nissan Is At 'Rock Bottom'

Business
Nissan Is At 'Rock Bottom'

Description

According to CNN, Nissan posted a big drop in profits and revenues Tuesday, underlining the bumpy road ahead as it tries to move on from the Carlos Ghosn era and fend off a merger proposal from its French partner Renault. The Japanese automaker said in a statement that operating profits plunged 45% to 318 billion yen ($2.9 billion) in the fiscal year that ended in March, . Revenue fell 3% to about 11.6 trillion yen ($105 billion), while vehicle sales were down 4.4% to 5.5 million.

Added on the 14/05/2019 10:29:03 - Copyright : Wochit

To customise your video :

Or Create an account

More videos on the subject

  • CEO: Nissan Performance 'Rock Bottom'

    Automotive news reports Nissan CEO Hiroto Saikawa has a plan to reverse the sudden U.S. free fall that has driven the automaker to its worst financial funk in more than a decade — but it's not going to happen quickly. Saikawa predicted last week: "People will question why we are not delivering results soon." He said this while announcing a 45 percent plunge in Nissan's global operating profit for the fiscal year ended March 31.

    20/05/2019 - Wochit
  • Kane Brown helps Nissan unveil the 2020 Versa

    Nissan partnered with Live Nation to unveil its all-new 2020 Versa in the middle of a pop-up performance from popular country music star Kane Brown at Rock the Ocean's Tortuga Music Festival.

    16/04/2019 - Auto Moto EN
  • Rita Ora hit rock bottom after track 'Girls'

    Rita Ora has shared how she hit rock bottom after she was "brutally attacked" for her controversial track ‘Girls’.

    18/02/2019 - Cover Video EN
  • The Jets Rock Bottom

    Deadspin sports reports that Todd Bowles era with the Jets has finally hit rock bottom. On Sunday, the Jets hosted the 2-7 Bills. The Bill Quarterback was a fourth-string quarterback who wasn’t even on an NFL roster until Halloween: Matt Barkley. Buffalo came in with the worst offense in DVOA history. Yet, somehow, the Jets lost, 41-10.

    12/11/2018 - Wochit
  • 'Million Dollar Listing' Star Hit Rock Bottom Before Success

    According to Business Insider, "Million Dollar Listing" star Ryan Serhant hit rock bottom as an actor before he became a successful real-estate broker in New York City. He performed in off-Broadway shows and worked as a hand model before switching gears to sales. On Business Insider's podcast "This is Success," Ryan says that reality hit in 2008 after his debit card was declined. Ryan explains, "My debit card declined at Food Emporium on 59th Street trying to buy a pack of tofu, and then cried on the subway ..." The top performing NYC real estate agent said, "That was, like, that moment for the rest of my life that I wanted to run away from as hard as possible, and I had to be shameless about it." The 'Million Dollar Listing' star says that success comes from a combination of balancing fear, confidence and motivation. Ryan adds, "Because if you're just afraid all the time, you're never going to do anything. And the flip side, if you're just totally confident all the time, you're going to be an a--hole, and no one's going to ever want to work with you."

    31/08/2018 - Wochit

More videosBusiness

Watch video of Shares Of Blue Apron Dipped To An All-time Low. The Meal-kit Subscription Dropped To $1.81 Per Share On Tuesday. The Company Has Faced Increasing Pressures From Competition, Like HelloFresh. Big Companies Like Walmart And Amazon Entering Its Space. In March, Walmart Announced It Was Launching Its Own Line Of Meal Kits. The Company Has Struggled To Attract New Customers And Retain Old Ones Since Going Public Last June. - Blue Apron Shares Drop To A New Low - Label : Wochit -
Business

Blue Apron Shares Drop To A New Low

03/04/2018 21:21:24