Nissan trounce U.S.-NEWS CAR.

The carmaker Nissan (Japan) has announced the results of the business in 2012 with a net profit of more than 340 billion yen, up 0.3% compared to 2011.                                                                     

                                
                              Nissan grossed over 340 billion yen in 2012 - Photo: dealer.com

Nissan's sales rose sharply in 2012, reaching 9.6 trillion yen worldwide, higher than last year's 2.3%. One of the main factors helping Nissan profits soaring inflation due to stronger yen against the dollar. The yen lower the value of exports of Japanese cars is increasing. Currently the yen is at around 100 yen for 1 U.S. dollar.

However, although sales and profits rising global, but Nissan's market share in China narrowed 6.5%. In 2012, the Nissan car sales in China fell 5.3%, only 1.18 million units. The cause of this decline is due to many Chinese people to boycott Japanese goods following the political tensions between the two countries in the middle of last year.

Nissan lead time was quite worried by China accounts for one quarter of global sales of Nissan. Moreover, the business of car manufacturers in Europe have not recovered, sales last year reached 660,000 units, down 7.5% compared with 2011.

But in return the Americans Nissan fairly popular, sales increased 5.4% here. Nissan car market share in this market on an extension.