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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.

Fantasy to Reality – Nissan BladeGlider: Intelligent Mobility

By Nissan Global Media Center

Click here to view the embedded video.

Rio de Janeiro – Aug. 4 – Nissan has moved the radical BladeGlider Concept from fantasy to reality, taking the 2013 Tokyo Motor Show star to fully-functional advanced prototype.

Nissan’s vision was for an agile, efficient EV providing new dimensions of driving fun and excitement, thanks to the near-silent performance of its electric powertrain and aerodynamic shape.

After two years of work on design, engineering and development, Nissan BladeGlider reflects the potential of advanced EV performance, epitomizing Intelligent Mobility, a philosophy to make its cars more exciting by redefining how they are driven, powered and integrated into society.

Click here to view the embedded video.

Power is 100-percent electric, with exceptional powertrain performance delivered by technical partner for the BladeGlider project, UK-based Williams Advanced Engineering.

Maximum speed of the demonstration models is in excess of 190km/h*, with 0-100km/h taking less than 5 seconds. The rear wheels’ drive is provided by two 130kW electric motors – one for each wheel. Power is supplied by a high performance five module lithium-ion 220kW battery. Bespoke cooling systems have been developed for both the battery and the motors.

“These prototypes epitomize Nissan’s drive to expand its Intelligent Mobility philosophy, where driving pleasure combines with environmental responsibility,” said Carlos Ghosn, Nissan’s President and Chief Executive Officer.

“Nissan believes that enthusiasts should look forward to a zero emission future and BladeGlider is a perfect demonstration of that. It’s the electric vehicle for car-lovers.”

The model features an advanced chassis configuration with a narrow front track and wider rear track for optimum aerodynamic efficiency and handling stability, while high-waisted, rear-hinged dihedral doors provide a dramatic entry and exit to the cabin.