Nissan Motor on Tuesday said Japanese market sales of its mainstay March subcompact hit a record 158,000 units in the just-ended business year, according to Reuters.
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The strong sales of the March, along with Nissan’s Teana luxury sedan and Altima sedan, are expected to help Nissan register a record profit for a second consecutive year, the news agency added.
According to Reuters, Nissan CEO Carlos Ghosn said last month the company would at least meet its profit targets for the 2002-03 business year ended on March 31 and was well placed to ride out any slide in demand in the year ahead.
Nissan last November forecast a group net profit of $4 billion for the year, a record high, Reuters noted.
The March, which was fully redesigned about a year ago, has also been produced in Britain since 1992 and in most European markets is sold under the name Micra, Reuters said.
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By GlobalDataThe redesigned European Micra was launched recently at a press event in Italy and has received generally favourable coverage in the specialist motoring press.
