Profit more than tripled for Nissan, thanks to the progressive growth in registrations and the improvement in margins, in the wake of the planned price list adjustments.
In the nine months between April and December, the net result of the third Japanese car manufacturer amounted to 325.35 billion yen, equivalent to just over 2 billion euros, with operating profit rising by 65% to 478.38 billion yen, and turnover at 9,170 billion (+22.3%).
In the nine months under review, Nissan sold 2.44 million cars globally, with the North American market leading the way, and despite slowing demand in China.
In this regard, the automaker slightly scaled back its sales volume estimates for the entire fiscal year ending in March, to 3.7 million vehicles from previous estimates of 3.7 million, citing "necessary logistics realignments and intensifying competition in markets considered strategic".
Nissan, however, kept its profit forecasts unchanged for the current financial year, with a net profit of 390 billion yen, up 75.8% compared to the previous year.
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