Ghosn Predicts “Milestone Year” for Nissan Leaf
Put on the defensive by the slow ramp-up of the maker’s battery cars, Nissan CEO Carlos Ghosn put on a confident face during an appearance at the NY Auto Show and promised this will be a “milestone...
View ArticleNissan Earnings Up – But Maker Cuts Forecast, Shakes Up Management
Despite posting a 2% increase in its quarterly net profit, the mood was sour at Nissan Motor Co. Friday morning as CEO Carlos Ghosn cut the Japanese maker’s forecast for the year and reshuffled its...
View ArticleStrong Sales, Weak Yen Drive Up Nissan Earnings
Surging global sales, along with a weak Japanese yen, helped Nissan Motor Co. deliver a 57% increase in profits for the final quarter of 2013. TheDetroitBureau.com takes a look beyond the numbers.
View ArticleNissan Earnings Surge 37% on Weak Yen, Strong Sales
Nissan saw a big surge in earnings for the latest quarter, with analysts crediting both strong sales in China and the U.S., as well as a boost from favorable exchange rates. TheDetroitBureau.com has...
View ArticleU.S. Sales Buoy Nissan’s Quarterly Profits
Nissan’s operating profit was up 22.4% during its second quarter due to strong sales in the U.S. as well as a weak yen. However, the maker cut its global sales forecast by 3.5% for the year due to...
View ArticleNissan Reports 17.6 Percent Profit Increase
Aided by a strong showing in North America and Western Europe, Nissan reported a 17.6% increase in profits for the fiscal year March 31. CEO Carlos Ghosn added cost cutting and a strong dollar added to...
View ArticleStrong Nissan Profits Could Signal Good Numbers for Toyota, Honda
Nissan delivered strong earnings for the latest quarter and, despite a sharp slowdown in China, is predicting even better numbers in the months ahead. Expect similarly strong numbers this week from...
View ArticleNissan Q2 Earnings Hurt by Inspection Debacle
Nissan Motor Co. reported a 21.6% drop in operating profit for the second quarter. The $1 billionwas the company's smallest quarterly profit since 2014. Get details at TheDetroitBureau.com.
View ArticleNissan Cuts North American Production by 20%
Nissan Motors is cutting production in North America by 20% as it shifts from a strategy that focused on growth and now zeroes in on profits. The automaker is slowing down production at two U.S. plants...
View ArticleNissan Profits Fall 8% in First Half of Fiscal Year
Nissan Motor Co. reported an 8% drop in quarterly profits due to declining sales in its biggest markets, North America and Europe, as well as hits on raw material costs. In the U.S., Nissan’s sales...
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