Nissan CEO Carlos Ghosn says profit slump due to higher costs and weak domestic sales

Carlos Ghosn, CEO of both Renault and Nissan has said that although Nissan has seen a slump in their profits. Ghosn has said that the slump in the car makers profit is nothing to do with him being over stretched running both Renault and Nissan but it is a result of higher costs and weak domestic sales.

Carlos has added that Nissan is still “extremely profitable.” Ghosn has also said that running these two companies is far easier than what people think as both car makers share much of the same elements. If people though that Carlos was stretching himself too far now, well it seems as though is still interested in working for an American automaker as well. That would mean that he is running car outfits in Europe, Japan, and the US.