Nissan’s Profit Jump Counters Honda, Toyota
Nissan Motor Co. broke step with its two largest Japanese rivals, both of which recently reported sharp third-quarter earnings declines. Nissan, however, saw its earnings surge 78%, while boosting its...
View ArticleNissan Bucks Trend with Profit Gain
Nissan CEO Carlos Ghosn is reporting increased earnings for the number two Japanese maker -- but forecasts a loss in market share. TheDetroitBureau.com takes a closer look.
View ArticleNissan Forecasts Record Sales but Declining Profits
Nissan expects to overcome the impact of Japan's March 11 disaster reasonably unscathed. The maker says that while profits for the year should dip 15%, it still expects to score another year of record...
View ArticleNissan Reveals Power 88 Plan: 8% Profit Margin, 8% Market Share and New Model...
It's time to go on the offensive, says Nissan CEO Carlos Ghosn as he unveiled the Power 88 plan, which aims for a huge bump in sales, an 8% global market share, an 8% profit margin - and a new model...
View ArticleDaimler Earnings Jump 30%, While Nissan Minimizes Impact of March Quake
Credit China with pushing Daimler earnings to a record for the second quarter - and for helping Nissan's numbers largely overcome the impact of the March disaster in Japan. But there could be a dark...
View ArticleNissan Profits More Than Double as Sales Hit Record
Nissan Motor Co., the Japanese automaker generally credited with staging the fastest recovery from last year’s earthquake and tsunami has underscored its rapid turnaround by reporting record sales for...
View ArticleGhosn 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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