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Nissan net profit nearly doubles despite China challenges

11 Comments

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11 Comments
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It's amazing how fast things can change. It seems like just yesterday most people were skeptical that EVs would even work. Hopefully the trend will continue and we will rely less and less on fossil fuels.

3 ( +5 / -2 )

It;s also amazing how the anti-Nissan crowd in the Ghosn threads were 180 degrees wrong in predicting Nisan's future.

7 ( +10 / -3 )

It;s also amazing how the anti-Nissan crowd in the Ghosn threads were 180 degrees wrong in predicting Nisan's future.

Of course the weak yen has nothing to do with that?

1 ( +4 / -3 )

Profits double and 24 months of continued decline in salaries. Makes sense to me.

-4 ( +5 / -9 )

Nissan is dead brand in Japan just check sales results and compare say with Toyota...

-11 ( +1 / -12 )

Japan's real wages fall in March for record 24th month as Nissan net profit nearly doubles despite China challenges

Inflated Sales tax + lov valued currency. Exactly what is wrong with this country today

-2 ( +3 / -5 )

There is truth in リッチ's comment above. I like Nissan cars and have driven several myself, but Nissan have a long tradition of working their workforce to the bone, while raking in the profits. Hoping this latest boost will result in increased salaries and bonuses for their workers.

3 ( +4 / -1 )

In the 80’s-90’s, Nissan was targeting motor sport enthusiasts who wanted high performance cars for a reasonable price. If I remember correctly, in 1998 you could buy a brand new R-33 for 3.5mill, or S15 for 2mill.

Unfortunately they weren’t turning much profit, as sales didn’t match the production target, which drove prices down even further to the point that Nissan was actually losing money in its sport car sales sector.

Ghosh did turn Nissan back into being profitable, but at the price of losing everything that made Nissan loved by enthusiasts.

Lose the BNR inline engine series, use the same boring, unresponsive CVT in 80% of new models…. For that alone, Ghosn deserved jail time.

3 ( +3 / -0 )

4 downvoters have to check official statistics abt sales...

-6 ( +2 / -8 )

___ have a long tradition of working their workforce to the bone, while raking in the profits. 

Please fill the blank with any Japanese auto brand.

-4 ( +3 / -7 )

The Japanese conservative automobile companies want to rake in a lot of profit by working their workforce to the bone, asa nndakandamanda said above, as well is to evade from the electric revolution and to continue to stick to combustion engines.

-2 ( +0 / -2 )

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