4 of Renault saw its sales decline by 17

A few days after Toyota, Nissan ends in turn fiscal year 2008-2009 clearly red. The third Japanese automaker had to admit yesterday a net loss over 12 months of 233,7 billion yen (EUR 1.66 billion), far the benefit of 482 billion last year. Yesterday, the tone was less alarmist in February in the warning on results, even though turnover back by 22 to 8.437 billion, and it's first loss since the rescue of the group by Carlos Ghosn, 1999. As operating loss, it is apparent to 138 billion, compared with a profit of 791 billion last year. For the first time over the past decade, the constructor at the diamond will collect in his accounts of the first half of 2009 a loss of EUR 1.15 billion, to its Japanese subsidiary. Like its competitors, Nissan has accumulated the effects of the sharp rise of the yen that is complimentary for export markets, including the United States. One year to another, the constructor of Tokyo undergoes a decrease of 9.5 of its global sales to 3.4 million units. With, in the case of the United States, a decline of 16. The panorama is little more flattering in Europe where the brand, property to 44.4 of Renault, saw its sales decline by 17. As the Japan, with its aging population and the effects of the crisis on households, it is not the time the carrier market. Nissan is sold, there still, 15 less. Suddenly, the constructor changes strategy and will seek to strengthen there where markets are carriers, in emerging countries. Last year, its sales there rose 7 to 1.1 million units. In China, the constructor gets a reason of satisfaction in seeing its market share grow by 0.6 to 6.2. "We still need the developed markets, but the Brazil, the India and China are becoming the main contributors to profits," said Carlos Ghosn.

Electric vehicle

Still cautious on recovery, CEO admitted yesterday that "it began to attend to signs of recovery." Access to credit is more open and the effect of stimulus begins to be felt. But a new wave can all submerged again, he said in substance yesterday. From the moment where "we do not control the market, because of the crisis and put multiple aid in place", the manufacturer is working to manage its cash flow, improve profitability and to seek further synergies in the alliance with Renault. Nissan is not doing miracle in 2009-2010. It is expected, for now, a new exercise in loss with a deficit of 100 billion yen and, ultimately, a net loss of 170 billion.

These hazards do not prevent him from the future. The group, which will unveil its new electric car in August, has planned to start production in fall 2010 in its Japanese factory Oppama. The initial production of 50,000 vehicles a year will rise gradually in the regime in the prospect of a further marketing in 2012. Nissan, which has never really believed in hybrid motorization, must stand out of Toyota and Honda, which launch a few weeks apart the Prius generation and Insight.

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