Nissan Motor Corporation is the second-biggest car manufacturer in Japan and has reported a rise of 34.7% in net income for the six month period ending in September. The company also revised its full year to March 2016 predictions for global car sales to a total of 5.55 million vehicles. This reflects an increase of 3.4% from 12 months earlier. Net income for the September half came to 325.6 billion yen, or £1.74 billion. A weaker yen reduces the overseas cost of Japanese goods. Along with a boost in demand from Europe and North America, this has contributed to the increased sales.
Nissan delivered solid revenue growth and higher profitability in the first half of the fiscal year, selling 2.62 million vehicles worldwide. September saw the firm announce its intentions to make an investment of £100 million in its Sunderland based factory as part of its UK expansion plans. The investment will create thousands of new motor trade jobs and ensure the plant’s security beyond 2020.
The Sunderland factory made 500,000 cars in 2014 which according to Nissan makes it the largest UK plant. The European chairman for the firm Paul Wilcox stated in a BBC interview that the car market in Europe was “very good and improving” In total, Nissan employs over 140,000 people and the forthcoming investment in the Sunderland facility will increase this figure substantially.
Nissan is just one of many major autmotive companies planning to expand in the UK, indicating the continued success of the industry and the many new opportunities becoming available for skilled individuals looking for their ideal automotive role. We offer a carefully structured motor trade recruitment service that focuses on finding suitable candidates to fill a wide range of available vacancies. If you are a candidate looking for your next job or a client seeking your next employee, we can assist with comprehensive recruitment strategies and a quality service.