Nissan joins rivals in cutting annual forecasts

Newswire

TOKYO, Oct 31 (Reuters) - Nissan Motor Co on Friday halved its full-year profit forecast in the face of a rising yen, sinking demand in the key U.S. market and a broad-based slowdown in the coming quarters. For the year to March 31, Japan's No.3 automaker expects operating profit of 270 billion yen ($2.74 billion) instead of a previous forecast of 550 billion yen. That compares to a forecast of 435 billion yen from a poll of 12 brokerages by Reuters Estimates. It marks the third time in ...

Premium Content (PAID Subscription Required)

"Nissan joins rivals in cutting annual forecasts" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: lwilliamson@wardsauto.com or phone: (248) 799-2642
 

Current subscribers, please login or CLICK for support information.

Already registered? here.
Insights

Jul 26, 2016
Datasheet
WardsAuto

WardsAuto 2016 Dealer F&I 150 (PDF)

U.S. top 150 dealerships ranked by F&l revenue for 2016. Includes dealership name, owner, city, state, new vehicle units, used vehicle units, total revenue, and finance and insurance revenue....More

Enewsletters

Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×