The work of the Japanese car manufacturer Nissan soared over 7% Friday morning at the Tokyo Stock Exchange, following the announcement of a stake in Mitsubishi Motors, plagued compatriot and competitor a vast scandal of falsified tests.
the title was displayed at 1059.50 yen (+ 7.23%) in early trade, while the action of Mitsubishi Motors, Nissan which will take 34% progressed from 3.13% to 593 yen, slightly more than half an hour after the start of trading.
the principals seem to rather enjoy this extension of the alliance already made by the french Renault and Nissan, although some suggest that the party will not necessarily be easy, despite geographical and technological complementarity between the two groups.
Nissan also announced Thursday positive results for the financial year 2015/16, with a 14.5% increase in net profit, and has tempered confidence shows for the year started April 1.
its CEO, Carlos Ghosn, hailed Thursday at a press conference “strong financial results, despite difficult conditions and currency developments.”
“This performance gives us confidence for this year, but we adopted a cautious outlook given the volatility in the markets,” he added.
Mr. Ghosn also wanted to convince the relevance of a marriage with Mitsubishi Motors.
He said the transaction “potentially win-win for both companies” and clarified that this does not happen overnight.
“We were looking to strengthen our together for some time, and that the crisis occurred, speeding things, “said the CEO.
Mitsubishi Motors had on April 20 expressed data manipulations on four models to beautify their energy performance. He then acknowledged using unapproved tests in Japan for 25 years, “doubts” on many models.
It would have been difficult for MMC to survive alone in this scandal, especially since this is not the first to agree that many analysts.
in approaching MMC, the Renault-Nissan alliance, which also includes the Russian Avtovaz, will see its annual sales exceed 9.5 million, close to the world’s top trio of Japanese Toyota, German Volkswagen and General Motors (GM).
kap / we
isinJP3672400003NISSAN MOTOR
isinJP3899800001MITSUBISHI MOTORS
isinFR0000131906RENAULT
isinJP3633400001TOYOTA MOTOR
isinDE0007664005VOLKSWAGEN
isinUS37045V1008GENERAL MOTORS
isinRU0009071187AVTOVAZ
05/13/2016 2:58:30 – Tokyo, May 13, 2016 (AFP) – AFP © 2016
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