US tailwinds help Nissan navigate market challenges

Nissan reported a solid fiscal first half thanks to record sales in the US, but the slowdown in China and problems Russia sent the OEM lowering its full-year forecast. Nissan's Chief Competitive Officer Hiroto Saikawa described the results for the six months to 30 September as "solid", pointing to "positive sales momentum in North America, as well as the partial recovery from depressed prior-year sales in China and improving market conditions in Western Europe. This helped to offset the softening in the Japan market following the consumption tax increase at the beginning of the year and volatility in emerging markets."