Nissan is at 'rock bottom' Unlisted Video

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.
Nissan CEO Hiroto Saikawa said during the earnings presentation, this is "rock bottom.”