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4-Traders Homepage  >  Equities  >  Tokyo  >  Nissan Motor Co Ltd    7201   JP3672400003

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Nissan Motor : Altima bags Melcoty Award

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04/25/2017 | 03:35pm CEST

By: dt news

, Posted on 25-Apr-2017

Manama:The 2017 Nissan Altima has been crowned “Best Mid-Size Sedan” at this year’s Middle East Car of the Year Awards (MECOTY). The Altima faced stiff competition but a jury of senior automotive editors from across the region decided that it was the outstanding choice for the award.

“The 2017 Nissan Altima embodies what a modern, practical and reliable car should be while also being comfortable, well designed and have the right balance of power and control to truly deliver innovation that excites,” said Fadi Ghosn, Chief Marketing Officer at Nissan Middle East. “This year’s ‘Best Mid-Size Sedan’ winner offers a fantastic blend of styling comfort and performance which regional customers can experience for themselves at Nissan showrooms across the region.”

The 2017 Altima impressed the judges on a number of fronts, including styling which sees the car adopting Nissan’s latest design language. The ‘Energetic Flow’ exterior includes the V-Motion grille and boomerang lamp signatures while the ‘Gliding Wing’ interior displays a level of opulence that’s reminiscent of the premium segment. An unabashed driver’s car, the driver-centric cockpit is as ergonomic as it is intuitive.

Altima is living proof that a sedan can be engaging and inspiring to drive. Whether it’s the 182 hp 2.5-litre 4-cylinder engine, or its 3.5-litre, 270 hp V6 sibling, there’s plenty of performance on tap and with Active Understeer Control and a rear multi-link suspension, cornering with confidence comes as standard.

The MECOTY awards are unique in the region in that they bring together 15 motoring writers from 10 different countries who combine their knowledge and experience to make informed decisions designed to assist the car-buying public in their choices. The addition of public voting means these awards – now in their fourth year – have unrivalled credibility in the eyes of the region’s automotive industry.

(c) 2017 Daily Tribune. All Rights Reserved Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials ( JPY)
Sales 2017 11 622 546 M
EBIT 2017 700 000 M
Net income 2017 583 035 M
Debt 2017 5 612 178 M
Yield 2017 4,63%
P/E ratio 2017 7,05
P/E ratio 2018 6,63
EV / Sales 2017 0,86x
EV / Sales 2018 0,82x
Capitalization 4 387 433 M
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Mean consensus HOLD
Number of Analysts 22
Average target price 1 338  JPY
Spread / Average Target 29%
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NameTitle
Hiroto Saikawa Vice Chairman, President & Chief Executive Officer
Carlos Ghosn Bichara Chairman
Joseph G. Peter CFO, Head-Investor Relations & Accounting
Celso Guiotoko Chief Information Officer
Takao Asami Senior Managing Executive Officer & Head-Research
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