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Nissan posts net income boost, but is the least profitable Japanese automaker


Even though the automaker posted increased financial results for the fourth quarter, it ultimately failed to take full advantage of the yen’s profit boost, while the weaker national currency took earnings sky high at other exporters. The Yokohama, Japan-based company announced its net income went up 57 % to reach 84.3 billion yen ($825 million) in the three months ended Dec. ...
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Toyota raises again its profit forecast, plans no new plants
Just being the world’s largest automaker isn’t enough, unless you have the profit and cash to back it. But things look bright at Toyota, as the company has raised its ...
Nissan’s Net Income Up 14% Surpassing Analysts’ Forecast
Nissan, managed to reach a profit for the second quarter that surpassed analysts’ estimates, thanks to the weaker yen. Nissan’s net income was up 14% to 82 billion yen ($820 million) ...
Nissan Reports Slowest Profit Increase Among Its Domestic Rivals
Among all Japanese automakers Nissan posted the lowest annual profit, mainly due to the lingering anti-Japan sentiment in China. During the financial year ended March, Nissan’s net income was up 0.3% ...
Continental Reports First Quarter Net Income Down
Continental reported first quarter net income down to 441.2 million euro, from 482.9 million euro last year. Earnings per share fell to 2.21 euro from 2.41 euro in 2012 and the ...
Ally Financial Reports $1.1 Billion Net Income for Q1
Ally Financial reported first quarter net income up by almost $800 million to $1.1 billion on one-time gain. Ally Financial announced that its core pre-tax loss reached $6 million during the ...
Mitsubishi Motors reports strong profit growth for April – December 2012
Mitsubishi Motors Corporation has posted a net profit up 27 percent for the nine months to December, due to higher sales in Asia and cost cuts. Mitsubishi Motors Corporation (MMC) posted ...
Ally Financial posts Q4 profit as U.S. auto sales increase
Ally Financial, the biggest U.S. auto lender, posted a fourth-quarter profit as more consumers purchased cars and trucks. The company's net income was $1.4 billion, compared with a loss of $206 ...
Chrysler Fourth Quarter Profit Up 68% Due to Strong Sales in North America
Chrysler reported fourth-quarter net income up 68% to $378 million from $225 million in 2011. Chrysler announced that for 2012 net income reached $1.67 billion, an increase from $183 million in ...
Ford Reports 2012 Net Income of $5.67 Billion
Today, January 29th, Ford announced its net income reached $5.67 billion in 2012, with almost $300 million less compared with 2011. The automaker’s fourth consecutive annual profit was sustained by a ...

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