It wasn’t that long ago when the future of Nissan wss in doubt so you have to give Carlos Ghosn credit for taking Nissan/Infiniti to the next level. Yes, Nissan just reported that Q1 profits doubled and annual sales set a new record.

From the Detroit Free Press:

TOKYO — Nissan’s January-March profit more than doubled to 75.3 billion yen ($941 million) as the Japanese automaker achieved record sales despite production disruptions from last year’s tsunami.

Nissan annual global sales reached a record 4.85 million vehicles, showing a quick recovery from the March 2011 earthquake that ravaged much of northeastern Japan, the Yokohama-based manufacturer said Friday.

Nissan continues to be bullish — expecting to sell 5.35 million vehicles this fiscal year, up 10% for another record.

It also raised its forecasts for the fiscal year through March 2013, to a 400 billion yen ($5 billion) profit, up from its earlier forecast for 290 billion yen ($3.6 billion).

President and CEO Carlos Ghosn said Nissan held up well in recent months amid serious hardships, including a slowdown in Europe, and was gearing up for more growth, banking on solid demand in China and other emerging markets.

Read the full article.

From Nissan News.com:

Nissan North America, Inc. (NNA) today reported October U.S. sales of 82,346 units versus 69,773 units a year earlier, an increase of 18 percent. Nissan Division sales set a new October record, increasing 22.1 percent for the month to 75,484 units. Sales of Infiniti vehicles decreased 13.5 percent from the prior year, to 6,862 units.

NISSAN HIGHLIGHTS
– Nissan vehicles posted a new record for October sales with 75,484 units, an increase of 22.1 percent over the 61,843 units sold in October 2010.

– Versa – led by the all-new 2012 Versa Sedan in its second full month of sales – set a new October record with 8,889 deliveries, an increase of 47.1 percent over the prior year.

– Strong sales of the Nissan Altima continue, with 21,838 units marking an increase of 15.1 percent over the prior year and an October record.

– The Rogue crossover continues to gain momentum, with sales of 10,034 units marking a 13.2 percent increase over last year – another new October record. The 2012 Rogue, on sale now, is the first vehicle in Nissan’s lineup to offer the innovative, segment-exclusive Around View Monitor.

– Sales of the 100-percent electric Nissan LEAF totaled 849 units in October, with deliveries totaling 8,066 units of the innovative, zero-emissions vehicle since its December 2010 U.S. debut.

Read the full article.

From PRNewswire.com:

FRANKLIN, Tenn., Sept. 1, 2011 /PRNewswire/ — Nissan North America, Inc. (NNA) today reported August U.S. sales of 91,541 units versus 76,827 units a year earlier, an increase of 19.2 percent. Nissan Division sales increased 22.4 percent for the month with 82,517 units. Sales of Infiniti vehicles decreased 4.3 percent from the prior year, to 9,024 units.

NISSAN HIGHLIGHTS
– Nissan vehicles posted August sales of 82,517 units, an increase of 22.4 percent over the 67,399 units sold in August 2010.
– The launch of the all-new Versa Sedan helped boost sales of the Versa subcompact by 14.9 percent to 8,566 in August.
– Strong sales of the Nissan Altima continue, with 23,016 units marking an August increase of 24.5 percent over the prior year.
– Sales of the Rogue crossover achieved a record in August, up 13.2 percent with 11,467 deliveries.
– Deliveries of all-electric Nissan LEAF totaled 1,362 in August, with 6,187 units sold since its December 2010 launch.
– The Nissan Juke continues to outperform earlier projections, with August sales totaling 3,464 units.

Check out the full article.

Nissan’s Chairman of the Americas Carlos Tavares is bullish on Nissan’s ability to keep growing.

From AutoNews.com:

Since being named chairman of the Americas for Nissan Motor Co. two years ago, Carlos Tavares has overseen market share growth for the Nissan and Infiniti brands in the United States, Mexico and several Latin American markets.

At the start of this year, Tavares, 52, unveiled a campaign to shift more parts and vehicle sourcing away from Japan because of the yen-dollar exchange rate. Staff Reporter Lindsay Chappell spoke with Tavares recently at Nissan’s U.S. headquarters near Nashville.

Q: In the United States, demand is coming back strong, gasoline prices are rising fast, and Japan is held back by problems from the March earthquake. Which of those three issues concerns you the most?

A: All three, because they converge on the same business.

Yes, the market is coming back, but it’s not something that surprises us. It’s aligned with what we have been saying. We are looking for 13.2 million industry sales on a fiscal-year basis, and there may be some upside in the second half of the year.

Read the full article.

Nissan finished out February with an increase of 31.6 percent in sales which equates to 9.3 percent market share in the U.S. That is Nissan’s highest market share ever and it appears Nissan is gaining when the market seems to be recovering.

From AutoRemarketing.com:

Nissan North America said it reached the highest U.S. market share level in company history during February.

The automaker discovered its U.S. market penetration climbed to 9.3 percent last month. The new record comes after Nissan says it gained 0.4 percentage points throughout 2010 to vault it to one of the three fastest-growing OEMs in the U.S.

Last month, the company determined it sold 92,370 vehicles versus 70,189 units a year earlier, an increase of 31.6 percent. Sales at its Nissan division spiked 31.8 percent for the month and also set a new February record. Meanwhile, officials determined sales of Infiniti vehicles rose 29.9 percent over the prior year and marked the 13th consecutive month of double-digit sales improvement.

Beyond the raw numbers, the company offered more Nissan highlights:

—The brand moved 83,226 units to compile a market share of 8.4 percent — a record for any month.

Read the full article.