TOKYO -- Nissan Motor on Tuesday lowered its net profit forecast for the full year through March 2020 to 110 billion yen ($1 billion), down 66% from the previous year and the lowest since fiscal 2009, the carmaker said Tuesday.
Its latest outlook is down 35% from its previous forecast in May. The Japanese carmaker continues to struggle, as demonstrated by its continued lackluster sales in North America and emerging markets.
