Nissan reports 70% quarterly profit drop, slashes full-year outlook

Nissan Motor Co Ltd reported a 70% profit drop on Tuesday and cut its full-year outlook to an 11-year low, as the Japanese automaker was hit by falling sales that highlight its ongoing turmoil after the ouster of former head Carlos Ghosn.The latest weak showing from Nissan, already battered by weak financial performance for nearly two years, illustrates the scale of the work ahead for its new executive team, which is due to take over on Dec.1.Following the ouster of Ghosn almost a year ago, Niss