Renault profits plunge in first annual earnings since Ghosn arrest

Renault profits plunge in first annual earnings since Ghosn arrest

5 years ago
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https://phys.org/news/2019-02-renault-profits-plunge-annual-ghosn.html

"This decline came mainly from Nissan's contribution, down 1.282 billion, which notably benefited in 2017 from a one-off gain of 1.021 billion," Renault said in a statement.

Nissan on Tuesday slashed its full-year forecast as nine-month net profit dropped 45 percent.