A total of 1,056,000 vehicles were sold globally in the first quarter of fiscal year 2011 – up 10.6 per cent compared to the same period in fiscal 2010.
Net revenue increased 1.6 per cent to 2.082 trillion yen (US $25.48bn, euro 17.73bn), while the ordinary profit amounted to 147.7bn yen (US $1.81bn, euro 1.26bn) and net income totaled 85bn yen (US $1.04bn, euro 720m).
‘Our rapid recovery from the natural disasters in March once again shows the power of Nissan in responding effectively and decisively to crisis,’ said Nissan President and CEO, Carlos Ghosn.
‘Nissan’s performance in the first quarter, despite strong headwinds such as foreign exchange and rising raw material costs, demonstrates our potential to deliver the goals of our recently announced Nissan Power 88 mid-term plan.’
In fiscal year 2011, Nissan will deliver five all-new models globally. Importantly for Europe, the NV400 front- and rear-wheel-drive commercial vehicles will be launched.