Nissan Motor Co., Ltd. today announced financial results for the twelve-month period ending March 31, 2013. Nissan faced a range of challenges during fiscal year 2012, yet fourth quarter profitability enabled the company to achieve its full-year net income target. Nissan also generated strong free cash flow and strengthened its balance sheet during FY2012.
Nissan in Europe today announced March sales topping 80,689 units, making it the best month of the 2012 fiscal year that ended March 31, 2013. Nissan's market share has been steadily growing and gaining momentum, with share in March reaching 4.5 percent, up 0.3 percentage points from the prior month and higher from the overall fiscal-year share of 3.8 percent.