Arab Today, arab today automotive company performing well in the region
Last Updated : GMT 05:00:11
Arab Today, arab today
Arab Today, arab today

Automotive company performing well in the region

Arab Today, arab today

Arab Today, arab today Automotive company performing well in the region

Dubai - Arabstoday

Nissan Motor, Japan’s second-largest automotive company has delivered a respectable performance in the first quarter despite challenging macro-economic conditions, according to the company’s President and CEO, Carlos Ghosn. “Our innovative models remain in high demand, with further exciting vehicles due for launch. Against that background, we remain on track to achieve our full-year forecasts,” said Ghosn. The company recently announced an operating profit of 120.7 billion yen ($1.5 billion) for the first quarter of fiscal year 2012, ending March 31, 2013. Compared with the first quarter of 2011, operating profit declined 20 per cent due to the worsening foreign exchange impact of an abnormally strong yen, along with higher one-time selling costs, particularly in North America, linked to our product renewal cycle. The general pricing environment was also less favourable than in the prior year period, during which vehicle prices were distorted by supply constraints caused by the March 2011 Japan earthquake and tsunami. Nissan sold a total of 1,210,000 vehicles globally in the first quarter of the current fiscal year, up 14.6 per cent compared with the same period in 2011. Global market share increased by 0.4 percentage points to 5.9 per cent. Net revenue increased 2.6 per cent to 2.1364 trillion yen ($26.64 billion), while ordinary profit came to 111.5 billion yen ($1.39 billion) and net income totaled 72.3 billion yen ($900 million). In the April-to-June period, Nissan continued to execute on its Power 88 mid-term business plan, designed to enhance its product portfolio and strengthen the group’s brand and sales presence around the world. As part of that plan, two new models were launched during the quarter including the Nissan Altima in the US and the Nissan NV350 Caravan in Japan. The pace and volume of new product launches is set to accelerate over the coming quarters, renewing major model lines across the Nissan, Infiniti and Venucia brands. Separately, Nissan improved its brand visibility with the launch of ‘WHAT IF’, a global multi-media campaign focused on travel hubs and digital outlets. Further product launches and brand initiatives are expected to enhance sales over the remainder of the fiscal year. From gulftoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today automotive company performing well in the region Arab Today, arab today automotive company performing well in the region

 



Arab Today, arab today
Arab Today, arab today Jordan airline suggests flyers 'talk'

GMT 11:59 2017 Friday ,24 March

Jordan airline suggests flyers 'talk'
Arab Today, arab today 5 Crafty Must-Have Limited-Budget Ideas

GMT 17:03 2017 Saturday ,25 March

5 Crafty Must-Have Limited-Budget Ideas
Arab Today, arab today Dozens dead in US-led Syria strikes

GMT 08:35 2017 Thursday ,23 March

Dozens dead in US-led Syria strikes
View News in Arabic - Business: أخبار الشركات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Yemen children dream of school

GMT 07:25 2017 Friday ,24 March

Yemen children dream of school
Arab Today, arab today MP submits a petition to dismiss university head

GMT 06:21 2017 Friday ,24 March

MP submits a petition to dismiss university head
Arab Today, arab today Salvage of South Korea's Sewol ferry

GMT 04:51 2017 Friday ,24 March

Salvage of South Korea's Sewol ferry
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Audi RS 5 Coupe acquires new design

GMT 13:22 2017 Thursday ,23 March

Audi RS 5 Coupe acquires new design
Arab Today, arab today Renault Trezor wins design award

GMT 11:56 2017 Tuesday ,21 March

Renault Trezor wins design award
Arab Today, arab today Actress Mervat Amin reveals her role in new series
Arab Today, arab today 2017 already marked

GMT 15:25 2017 Tuesday ,21 March

2017 already marked

GMT 06:04 2017 Thursday ,23 March

Haifa Wahby bets on her new drama show

GMT 22:00 2017 Thursday ,23 March

Number of unwedded girls amounts to 2.5m

GMT 18:57 2017 Tuesday ,21 March

Accessories designer reveals her new collection

GMT 10:34 2017 Tuesday ,21 March

Mexico threatens to ditch US corn imports

GMT 13:26 2017 Friday ,24 February

Expresses Algerian history by woody figures

GMT 20:03 2017 Saturday ,25 March

Health expert warns from dust sensitivity

GMT 07:36 2017 Wednesday ,22 March

US, Britain ban laptops on flights

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 19:27 2017 Saturday ,11 March

Boualsof launches "Priestess Kahina" collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday