Nissan Motor Lifts Annual Profit Outlook

Nissan reported a surprising profit for the July-September quarter and raised its fiscal year forecast, despite production challenges due to part shortages. The company managed to offset reduced sales forecasts with cost-cutting measures. A supply-demand imbalance in the car market has led to higher profit margins per vehicle. Nissan is optimistic about returning to profit for the first time in three years, but faces challenges as market conditions normalize. The company plans to launch 12 new models as part of its turnaround strategy.

What was the main reason behind Nissan's ability to offset volume loss despite production cuts?

• New product launches

• Increased sales volume

• Cost-cutting measures

• Higher marketing expenses

How are current market dynamics affecting Nissan's profit per car?

• Lower car prices

• Decreased demand

• Higher car prices and lower incentives

• Increased production costs

What is Nissan's outlook for the fiscal year?

• Expecting a significant decline

• Expecting to return to profit

• Expecting to break even

• Expecting a loss

What is a major challenge for Nissan as supply catches up with demand?

• Expanding into new markets

• Maintaining high margins on new vehicle models

• Reducing production costs

• Increasing marketing efforts

How many new models is Nissan planning to release as part of its turnaround plan?

• 20

• 10

• 12

• 15