The automaker sold 901,000 vehicles in the quarter, down 6.8 percent from the previous year. "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." Robust business in China, as well as government subsidies that have lured more buyers around the world, contributed to the better-than-expected results.
Full Article at The Washington Post