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Isuzu's profit seen skidding more-than-forecast 15%

Weak overseas economies, strong competition dented truck sales

Isuzu's trucks face fierce price competition in some overseas markets.

TOKYO -- Isuzu Motors' operating profit likely fell 15% in the year ended March 31, diving deeper than expected amid sluggish sales in the Middle East and stiff price competition elsewhere.

The Japanese automaker is expected to report around 145 billion yen ($1.29 billion) in black ink, falling short of its 150 billion yen forecast. Sales likely dropped 3% to 1.86 trillion yen or so.

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