Nissan profits rise as annual sales hit record

Nissan cars waiting to be exported from Japan to the US Nissan's exports to the US rose 17% in the year

Nissan has reported the highest annual sales in its history, sending its profits up strongly.

The Japanese carmaker made a net profit of 319.2bn yen ($3.7bn; £2.4bn) in the year to 31 March 2011, up from just 42bn yen a year earlier.

Its global sales for the year rose 19% to 4.2 million vehicles, which lifted revenues by 17% to 8.8 trillion yen.

Nissan said that while the earthquake in Japan had disrupted its operations, it had proved its "resilience".

Its sales during the year were boosted by the launch of 10 new models.

Growth in demand was highest in China, where Nissan saw its sales rise 36%. They increased by 19% in Europe and 17% in the US.

However, sales in Japan were 5% lower.

More on This Story

Global Car Industry

The BBC is not responsible for the content of external Internet sites

More Business stories



  • Cesc FabregasFair price?

    Have some football clubs overpaid for their new players?

  • Woman and hairdryerBlow back

    Would banning high-power appliances actually save energy?

  • Members of staff at James Stevenson Flags hold a Union Jack and Saltire flag UK minus Scotland

    Does the rest of the UK care if the Scots become independent?

  • Women doing ice bucket challengeChill factor

    How much has the Ice Bucket Challenge achieved?

  • Women in front of Windows XP posterUpgrade angst

    Readers share their experiences of replacing their operating system

BBC © 2014 The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.