Feb. 9 (Bloomberg) -- Nissan Motor Co. predicted a return to profit this fiscal year, scrapping an earlier loss estimate, citing government incentives that boosted demand for the company's vehicles in China and Japan.
Japan's third-largest carmaker expects net income of 35 billion yen ($391 million) in the year ending March 31, compared with an earlier forecast of a 40 billion yen loss, it said in a statement today in Yokohama, Japan, where Nissan is based.
general motors, tesla motors and fisker automotive have all been making noise about their new electric sedans, due out this year and next. now nissan is stirring up buzz for its upcoming electric model, the leaf. not only did it announce
'zero-emission tour' to build buzz for the leaf electric car. the plan closely mirrors that of the chevrolet volt, putting nissan and general motors neck-and-neck in the race to be the first automaker with a mass-market ev in showrooms.
nissan has spent
filed at 8:05 p.m. et new york (ap) -- nissan motor co. said thursday that it will start signing up customers in april who want to buy its new leaf electric car, with shipments starting by the end of the year. nissan has shown the five-passenger
from the fiscal year budget that begins july 1. state workers have already been forced to accept unpaid furloughs, and some have lost their jobs. danny homan, president of the local unit of the american federation of state, county and municipal employees
the impact of a strong yen, prompting the company to raise its outlook for the full fiscal year. japan's third largest automobile manufacturer by volume posted a net profit of y45.00 billion in the three months ended dec. 31, improving from a net
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