With the current worldwide economical situation, there’s no wonder car companies are trying to cut their losses. Profits are diminished and sales are going in the wrond direction. We’re talking about Nissan today, although it could be any other company.
Nissan announced that it will change its forecast profit for the fiscal year ending March 31st, 2009 down by 65.9% to $2.62 billion. That’s not all Nissan is cutting! 200,000 units and about 3,500 jobs are going to also be cut. In case you work for any automaker out there, better make sure your job is still safe!
via autoblog
Tags: Nissan