Search Results for "Dongfeng"

On 12 May, Nissan announces its financial report. Net profit of Nissan has increased 14% to 3.8 billion dollars up to April 31, because Japanese Yen deprecation and sales growth in China and North America. Global sales of Nissan has increased 5.6% over last year to 5.19 million cars. In financial year 2014, Nissan expects small 4.1% growth to 3.94 billion dollars because Japanese consume tax increase may hurt automobile sales.

China owned brand market share decrease to 38% in the first quarter this year. LIU Weidong of Dongfeng Auto believes that opportunity for China owned brand is onto Middle West China in the future.