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YOKOHAMA: Nissan Motor revised its annual outlook to a profit from a loss on Wednesday as soaring sales in China helped drive quarterly earnings beyond the market’s expectations. Full Article at Times of India
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TOKYO -- Japanese automaker Nissan Motor Co. climbed into the black last quarter and forecast a smaller yearly loss as surging sales in China helped offset sluggish demand in the West. Full Article at China Post
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Nissan (NSANY) is the latest Japanese automaker to file better-than-expected results. The Japanese company announced on Nov. 4 that it posted a $90 million net profit for the six months through September. Full Article at Business Week
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TOKYO - Japanese automaker Nissan Motor Co. climbed into the black last quarter and forecast a smaller yearly loss as surging sales in China helped offset sluggish demand in the West. Full Article at Atlanta Journal Constitution Vendor
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Nissan Motor, Japan's third-biggest automaker, revised its annual outlook to a profit from a loss on Wednesday as soaring sales in China helped drive quarterly earnings beyond the market's expectations. Full Article at CNBC
Related Quotes
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We continue to operate in an environment that is volatile and uncertain ... Our performance in the first half is encouraging, demonstrating that Nissan's Recovery Plan is on track. Our outlook will remain cautious until we see evidence that economic recovery can be sustained in world markets.
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The world is eager to address concerns about global CO2 emissions, and we are proposing solutions to meet the environmental challenge ... The solution is mass-marked zero-emission mobility on a global scale.
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Our performance in the first half of fiscal 2009 is encouraging, demonstrating that Nissan's recovery plan is on track ... Our outlook will remain cautious until we see evidence that economic recovery can be sustained in world markets.
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The stock will probably surge tomorrow ... The strong results and conservative views on the second half and currency rate assumptions will be positive for Honda's stock price.
SOURCE: Globe and Mail
