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MarketScreener Homepage  >  Equities  >  Tokyo  >  Nissan Motor Co Ltd    7201   JP3672400003

NISSAN MOTOR CO LTD

(7201)
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Nissan, Ford, VW led 0.5% April European car sales slide

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05/17/2019 | 02:15am EDT
A Volkswagen logo is pictured in a production line at the Volkswagen plant in Wolfsburg

PARIS (Reuters) - European car sales fell 0.5% in April, the main regional industry group said on Friday, led by sharper monthly declines for Nissan, Ford and Volkswagen.

Registrations fell to 1.345 million cars in the EU and European Free Trade Association (EFTA) states from 1.351 million a year earlier, the Brussels-based Association of European Carmakers said in a statement. Sales were down 2.5% for the first four months of 2019.

Sales tumbled 17.1% at Nissan, which is suffering from a broad sales and earnings slump as it struggles to turn the page on the scandal surrounding ousted former chairman Carlos Ghosn.

Ford, which is downsizing its European operations, posted a 5.1% drop in registrations, while Volkswagen Group sales were 3.4% lower, the association said.

(Reporting by Laurence Frost; Editing by Toby Chopra)

Stocks mentioned in the article
ChangeLast1st jan.
FIAT CHRYSLER AUTOMOBILES 0.89% 12.052 End-of-day quote.-5.80%
FORD MOTOR COMPANY 0.55% 10.105 Delayed Quote.30.46%
NISSAN MOTOR CO LTD -0.65% 753 End-of-day quote.-12.04%
PEUGEOT 2.54% 21.36 Real-time Quote.11.72%
RENAULT 3.97% 54.73 Real-time Quote.3.01%
VOLKSWAGEN 1.85% 143.32 Delayed Quote.1.30%
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Financials (JPY)
Sales 2020 11 317 B
EBIT 2020 -
Net income 2020 285 B
Debt 2020 6 713 B
Yield 2020 5,78%
P/E ratio 2020 10,67
P/E ratio 2021 7,80
EV / Sales 2020 0,88x
EV / Sales 2021 0,86x
Capitalization 3 212 B
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Mean consensus HOLD
Number of Analysts 21
Average target price 866  JPY
Spread / Average Target 14%
EPS Revisions
Managers
NameTitle
Hiroto Saikawa Vice Chairman, President & Chief Executive Officer
Hiroshi Karube Chief Financial Officer
Takao Asami Senior Managing Executive Officer & Head-Research
Anthony Thomas Chief Information Officer & Corporate VP
Carlos Ghosn Bichara Director
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