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New Nissan X-Trail with Intelligent Mobility: Auto Shanghai 2017

By Nissan Global Media Center

April 26, Shanghai – Nissan showcases the new X-Trail SUV with innovative technologies and design at Auto Shanghai 2017, bringing Chinese customers a range of different vehicles to meet their diverse needs.

New Nissan line-up at Auto Shanghai 2017, China

The updated X-Trail with advanced safety features brings Nissan Intelligent Mobility to customers in China.

Nissan Intelligent Mobility is Nissan’s direction for developing and offering autonomous drive, electric vehicle and connected car technologies while making driving more enjoyable. 

“It’s a very popular model and a very important model for our brand in China.” said Daniele Schillaci, Nissan’s executive vice president for global marketing and sales.

“We are confident that the new Nissan X-Trail, will meet the diverse needs of our customers in China and help make driving safer and more exciting for them.”

New Nissan X-Trail

New Nissan X-Trail introduced at Auto Shanghai 2017

The X-Trail is one of Nissan’s best-selling SUVs in China. The new X-Trail’s refreshed exterior reflects a high sense of style. The interior features a new D-shaped steering wheel and optimized space, including a flexible 5-seat/7-seat configuration.  

This popular SUV delivers an outstanding, sporty drive.

The new X-trail debuted in China on April 6 and is scheduled to be sold in about 150 markets.

For more about Nissan at Auto Shanghai 2017, please go to our global newsroom.

Nissan Third Quarter Results

By Nissan Global Media Center

YOKOHAMA, Japan – Nissan Motor Co., Ltd. today announced financial results for the nine-month period to December 31, 2016.

“In the first nine months of the fiscal year, Nissan generated an operating profit of 503.2 billion yen, which represents a 6.1% margin on net revenues of 8.26 trillion yen,” said Carlos Ghosn, Chairman and Chief Executive Officer. “Although these results reflect continued currency headwinds, we remain confident of achieving our fiscal year guidance.”

“On a constant currency basis, operating profit rose 30.1% to 764.6 billion yen, equivalent to an 8.1% profit margin. Our underlying performance was enhanced by solid product demand in the US, China and Western Europe, along with the continued benefits of our strict cost controls and synergies from our Alliance strategy.”

Fiscal Year 2016 Nine-Month Financial Highlights

The following table summarizes Nissan’s financial results for the nine-month period to December 31, 2016, calculated under the equity accounting method for the Group’s China joint venture.

On a management pro forma basis, which includes the business results of Nissan’s operations in China, FY16 nine-month net revenue was 9.01 trillion yen. Operating profit was 601.9 billion yen. The operating profit margin was 6.7%.  

On a constant currency exchange rate basis, pro-forma net revenues were 10.34 trillion yen and operating profit was 882.2 billion yen, equivalent to a profit margin of 8.5%.

 

Nissan Half-Year Earnings

By Nissan Global Media Center

Yokohama – Nov. 7 – Nissan Motor announced financial results for the six-month period to September 30, 2016 that showed an operating profit of 339.7 billion yen, a 6.4 percent margin on net revenues of 5.32 trillion yen.

On a constant currency basis, operating profit rose 31.5 percent to 519.5 billion yen, equivalent to an 8.5 percent profit margin. This reflects demand for core products, particularly in North America and benefits of continued cost-discipline, on-going product introductions and Alliance strategy.

“These solid results were achieved despite recent currency headwinds and continued challenges in Japan and emerging-markets,” said Carlos Ghosn, Chairman and Chief Executive Officer.

In the first half of the fiscal year, Nissan’s total unit sales were 2.61 million units.

In the U.S., Nissan’s sales rose by 3.7 percent to 783,000 units, equivalent to a market share of 8.7 percent, amid strong demand for the Altima, the Rogue and the Maxima.

Nissan unit sales in China, which reports figures on a calendar year basis, rose 3.8 percent to 610,000 units, equivalent to market share of 5.0 percent. In Europe, excluding Russia, Nissan’s sales rose by 4.4 percent to 319,000, which resulted in a market share of 3.6 percent. The Qashqai SUV and X-Trail helped drive demand in the region.

Nissan’s performance in these key markets helped compensate for a decline in the Japanese market where Nissan was impacted by the suspension of Dayz/Dayz Roox minicar sales.

Total unit sales in the quarter for Japan were 211,000 units, representing a market share of 9.2 percent. In other markets including Asia and Oceania, Latin America, the Middle East and Africa, Nissan’s sales decreased 4.9 percent to 382,000 units.

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