After a fiscal year (March 2011-March 2012) in which the company posted a record-breaking 4,850,000 sales, Nissan recently announced an expectations-beating operating profit of $6.9 billion, including ordinary profit of $6.76 billion. According to an Ocean City Nissan Dealer, Nissan’s net revenue reached $118.95 billion.
“Nissan has delivered robust operating profits and record sales amid growing demand for our models, brands and technologies around the world,” said Carlos Ghosn, president and CEO of the automaker. “It is an even more encouraging performance given the headwinds created by natural disasters, an over-valued Yen and uncertain global economic conditions.”
Sales highlights from the past fiscal year include:
- China—1,247,000 deliveries, +21.9 percent
- United States—1,080,000 deliveries, +11.8 percent
- Europe (including Russia)—713,000 deliveries, +17.5 percent
- Japan—655,000 deliveries, +9.2 percent
- “Other markets”—826,000 deliveries, +16.4 percent.
Certainly helping matters is the fact that the Nissan division proper set a calendar-year sales record in the U.S. in 2011, then posted new benchmarks in both February and March. In fact, March represented Nissan’s highest monthly U.S. sales total ever. And even though Indianapolis Used Car Dealerships said the company lost some ground last month—due primarily to there being three fewer selling days in April 2012 than in April 2011—the Nissan Versa and Nissan Rogue still achieved individual sales records.
Needless to say, Nissan expects further growth this year, both in this country and globally, thanks in part to the launch of new products like the 2013 Nissan Altima—which goes on sale in June at Nissan dealerships.
“The new Altima hits the consumer bulls-eye dead center by delivering a balance of style, performance and value that will continue to make it one of the most popular cars in America,” added Ghosn.