Nissan has announced that it has substantially increased both turnover and profits during the 2010-2011 financial year. Turnover reached 77.5 billion Euros, with operating profits sharply up at 4.75 billion Euros, an increase of 72.5% over the previous year. During this period (which ended on March 31) the Japanese manufacturer sold almost 4.2 million vehicles, an increase of over 19% on the previous year, and a figure which gives it a worldwide market share of 12.6%. Only in its home market of Japan – itself down by 5.7% in the year – did Nissan’s sales fall. Across the straights in China, however, sales were up by more than a third, and have now passed the one million mark. An increase of around 17% in the USA put the one million threshold within sight, while in Europe, total sales amounted to 607,000, up by lust under one fifth. Ten new product launches helped this performance.