Nissan’s April-December profit crashed to 5.1 billion yen ($33 million), a tiny fraction of the 325 billion yen the Japanese automaker earned the previous year. Nine-month sales dropped less than 1% to 9.

Nissan and Honda ended merger talks to forge a $60 billion car company on Thursday, pitching Nissan deeper into uncertainty and highlighting the pressure on legacy automakers from Chinese rivals upending the industry.

Honda and Nissan announced Thursday they were terminating negotiations for a mega-merger that would have created the world's third-largest car company.