Nissan announces increased operating profit

Japanese car manufacturer Nissan has revealed that its global sales revenue has gone up by 11.7 per cent over the first half of the 2007 fiscal year.

Company president and chief executive officer Carlos Ghosn commented that the firm was now "back on track" to achieve sustainable growth.

Seven new product ranges launched over the first half of the year may been the primary factor in Nissan reaching $1.78 billion (approximately £900 million) in profits.

The company sold some 1.816 million vehicles worldwide during the period, up by 6.3 per cent on figures from 2006.

And Mr Ghosn added that there are "many further exciting products to come".

Television personality Richard Hammond recently reviewed Nissan’s new GT-R sports car on the Mirror website, commenting that it "will put Porsche" in the shade.

"It has the same power as a Porsche 911 Turbo and, on paper, is a bit quicker. Oh, and it is £37,000 cheaper than the Porsche," he said.

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