Nissan launched its Pathfinder range in the Russian market at the Moscow Motor Show. The Pathfinder made its debut alongside the new Russian-built Sentra sedan.
Nissan’s all-new fourth-generation Pathfinder—which will be built in Russia—will be available with a standard 3.5L gasoline engine as well as the hybrid drive system.
Nissan 370Z has been in production since 2009 and despite a recent facelift there is a strong need for a replacement.
By Bernie Woodall, Ben Klayman and Paul Lienert
For more than 25 years, the contest among Japanese car makers in North America has been a two-horse race, led by Toyota with Honda in second place and Nissan in the rear view mirror -trailing far behind. Not anymore.
For a long time, global automakers have been reluctant to sell inexpensive vehicles in China because they didn’t want to reduce the healthy profit margins on their products.
But the landscape is changing and now foreign automakers are jumping into China’s entry-level market.
By YURI KAGEYAMA
Nissan reported Monday a better-than-expected net profit of 112 billion yen ($1.1 billion) for the April-June first fiscal quarter, up from 82 billion yen a year earlier. Analysts surveyed by FactSet had forecast a quarterly profit of 85 billion yen ($835 million). Quarterly sales jumped 10 percent to 2.466 trillion yen ($24.2 billion).
