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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) during the second quarter, from 72 billion yen during the same period last year, also surpassing analysts’ estimate of 74.9 billion yen. The automaker’s sales in the US were up ...
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VW Sales Down 1.7% in May
VW reported sales in May down 1.7% to 38,913 units, even if the Passat has its best May ever. Not only did the Passat hit its best May ever thanks to ...
VW Sold 3 Million Vehicles Through April
During the first four months of the year VW sold 3.05 million vehicles, up 5.6% from the same period last year. This is the first time when the automaker surpassed the ...
Porsche Sales Up 21% in April
Porsche reported sales up 21% in April to 15,200 units, compared with the same period last month. Porsche sold 15,200 vehicles in April, up 21% and 52,241 vehicles during the first ...
Audi April Global Sales Up 6.6%
Audi reported sales up 6.6% in April to 133,500 units, maintaining its lead over Mercedes-Benz. The growth was due to an increase in China of 13.1% and 14.2% in the US. ...
VW Sales Down in March Due to More ‘Challenging’ Markets
VW reported March sales down 0.8% as markets become more ‘challenging’. For March, Europe’s biggest automaker reported sales down 0.8% to 532,400 units as demand dropped in its home market. Sales ...
Porsche Sets Best March Sales in Company’s History
Porsche reported 37,009 vehicles sold in the first quarter, an increase of 21.1% and 14,000 vehicles sold in March, for the first time in the automaker’s history. The increase was mainly ...
Audi Reports Best First Quarter in History
Audi reported its best first quarter in the company’s history, with 369,500 units sold, up 6.8%. “Building on the first quarter’s record deliveries, we want to continue this positive sales trend ...
Volvo’s Sales Continue to Drop in March
Volvo announced that the drop in sales continued in March, with a steep fall in the US, although buyers pushed monthly demand to the highest level in five years. Volvo, which ...
UK Auto Sales in March Surpassed Analysts’ Expectations
UK auto sales in March surpassed analysts’ expectations, with an increase of almost 6% compared with the same period last year. According to the Society of Motor Manufacturers and Traders new ...

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