Euro woes fail to derail Nissan

Carlos Ghosn expects Nissan sales to set an annual record. Picture: Getty

Carlos Ghosn expects Nissan sales to set an annual record. Picture: Getty

0
Have your say

Nissan boss Carlos Ghosn expects the car-maker to set an annual sales record, despite the mainland European market facing another tough year.

Ghosn, who heads both Nissan and French sister marque Renault, said yesterday: “I think 2013 is going to be tough and I don’t foresee any growth in 
Europe probably before the end of [Nissan’s] mid-term plan, which means not before 2016, or even later.”

Nissan, whose Sunderland-built Qashqai has been one of Britain’s best-selling cars, projected a 22.6 per cent rise in net profit for its current business year as the weakening yen allows Japanese car-makers to cash in overseas profits at more favourable rates.

It expects global retail sales of 5.3 million vehicles in the year to March 2014, up from 4.9 million.

Back to the top of the page