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Japan automaker Nissan's profit stumbles on China sales decline – Winnipeg Free Press - Vimarsana News

Japan automaker Nissan's profit stumbles on China sales decline – Winnipeg Free Press

Breaking News, Sports, Manitoba, Canada

Nissan's Profit Stumbles on China Sales Decline - Vimarsana News

Nissan's Profit Stumbles on China Sales Decline

Nissan expects to sell 3.55 million vehicles globally for the year through March.

Related Topics:
Stephen MaNissan Motor Co
Japan automaker Nissan's profit stumbles on China sales decline - Vimarsana News

Japan automaker Nissan's profit stumbles on China sales decline

Nissan has reported its profit sank in October-December to about half of what it earned in the same period the year before. Nissan, based in the port city of Yokohama, said Thursday that its profit in the last quarter was 29 billion yen ($195 million). Quarterly sales jumped nearly 10% for the maker of the Leaf electric car, Infiniti luxury models and Z sportscars. Nissan's chief financial officer, Stephen Ma, told reporters that market conditions were difficult in China, but U.S. sales remained strong. By region, Nissan expects vehicle sales to grow in the U.S., Japan and Europe, but not...

Nissan's Profit Stumbles on China Sales Decline - Vimarsana News

Nissan's Profit Stumbles on China Sales Decline

Nissan expects to sell 3.55 million vehicles globally for the year through March.

Source: mbtmag.com
Related Topics:
Stephen MaNissan Motor Co
Nissan Motor Co., Ltd. (PNK:NSANY) Q2 2023 Earnings Call Transcript - Vimarsana News

Nissan Motor Co., Ltd. (PNK:NSANY) Q2 2023 Earnings Call Transcript

Julian Krell: Welcome to the Nissan Fiscal Year 2023 First Half Financial Results’ Investors and Analysts Session. This is Julian Krell speaking, Head of Investor Relations.