Nissan Changes Loss Guidance to Profit
Japan's third-biggest automaker, revised its annual loss forecast to a profit on Wednesday as soaring sales in China helped drive quarterly earnings beyond the market's expectations. Nissan now expects an operating profit of 120 billion yen ($1.3 billion) in the year to March 31, 2010, instead of...
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READ MORE: Toyota Motor Corp., Toyota Motor Corporation, Nissan Motor Co., General Motors, GM Keeps Opel, China, billion yen, Nissan Motors, loss forecasts, Yoichi Hojo
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- News Source: Seattle Times | 18 days agoToyota said Thursday it returned to a profit in the latest quarter as government incenstives boosted sales, leading the world's largest automaker to trim its projected red ink for the year. Toyota Motor Corp. reported a 21.8 billion yen ($242 million)...
- News Source: BBC | 18 days agoIt comes as the maker of the Prius hybrid revealed quarterly net profits of 21.8bn yen for the three months to October, against 139.8bn yen in 2008. In August, it revealed plans to close a production line in Japan for a year. And on Wednesday it...
- News Source: Kyodo News | 18 days agoToyota Motor Corp. said Thursday it booked a group operating loss of 136.86 billion yen for the April to September period but trimmed its full-year loss forecasts due to drastic cost cuts and a boost in demand from government stimulus steps worldwide.
- News Source: Daily Mail & Guardian | 18 days agoToyota Motor Corporation said on Thursday it had returned to profit in the three months to September and upgraded its outlook for the rest of the year thanks to demand for fuel-efficient cars. Toyota announced a surprise net profit of 21,8-billion...
- News Source: International Business Times | 18 days agoToyota Motor Corp <7203.T> reported a surprise quarterly profit and slashed its annual loss forecast by more than half as sales and cost cutting beat its forecasts, putting it on track to follow Japanese rivals into the black next year. Toyota, the...
- News Source: Washington Post | 18 days agoThe General Motors board voted Tuesday to keep its Opel division, abruptly reversing an earlier decision to sell a majority stake in the European automaker to Magna International and its Russian partner, Sberbank. The announcement came on a day when...
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- Blog Source: www.theepochtimes.com"It's a strong showing, demonstrating both Nissan's ability to manage through the economic crisis as well as the returns from its investments in emerging markets, particularly China," said Marc Desmidt, COO Asian equities, at BlackRock. ...
- Blog Source: guanteik.blogspot.comToyota Motor Corp.'s increased less than 1 percent, Nissan Motor Co.'s rose 5.6 percent and Hyundai Motor Co.'s were up 49 percent. Sales fell 0.4 percent at Honda Motor Co. and 30 percent at Chrysler Group LLC. “The economy is beginning to
- Blog Source: www.politicsdaily.comFord Motor Co. on Monday announced its first profit in North America since 2005, posting a third-quarter net income of nearly $1 billion, the Los. ... The only major U.S. automobile manufacturer that did not file for bankruptcy this year, Ford made a
- Blog Source: www.motor-trade-insider.comJapanese carmaker Suzuki Motor has tripled its forecast for full year operating profit, after reporting better-than-expected six-month figures. Its strength. ... However it also boosted its net profit forecast for the full year to 13bn yen, up from
- Blog Source: www.motor-trade-insider.comGerman luxury carmaker BMW has reported a sharp fall in third-quarter profits, blaming a fall in consumers spending. Net profit sank 73.8% to 78m euros.
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