Nissan has benefited from the success of car scrappage schemes
Page last updated at 08:53 GMT, Tuesday, 9 February 2010
Japanese carmaker Nissan has reported a return to profit for the last three months of 2009.
The company made a profit of 45bn yen ($500m, £320m) in the October to December period, compared with a loss of 83bn yen a year earlier.
It now says it expects to make a full-year profit of about 35bn yen, instead of the loss it previously predicted.
Nissan said scrappage schemes in major markets and sales growth in China had provided a boost to sales volumes.
The company sold 882,000 vehicles worldwide in the three-month period, a 20.6% increase on the previous year.
View Article on BBC News
Posts
No comments:
Post a Comment