Nissan has spotted an encouraging trend in its first quarter fiscal profit. In a recent press conference, Nissan’s CEO, Carlos Ghosn reported that Nissan is on the right track. A stronger market for cars kin USA, Europe and China have helped boost Nissan’s first quarter profit to $1.1 billion – this reflects a 36.7% increase compared to last year’s first quarter sales. Nissan also stated that this increased their net as well, by 10.4% over last year. Ghosn said, “Nissan continued to make progress in the first three months of the fiscal year as encouraging demand for new products, benefits from recent plant investments, and improving market conditions in North America, China and Europe combined to lift both revenues and profits. Nissan is well placed to deliver on its outlook.” If you would like to read the full article please click on the link below:
http://americasmarkets.usatoday.com/2014/07/28/nissan-sees-big-boost-in-fiscal-q1-profit/
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