Car manufacturer Nissan has revealed results for the half-year that were better than it had anticipated.

Commenting on the figures Carlos Ghosn, president of Nissan, said: "We continue to operate in an environment that is volatile and uncertain.

"Our performance in the first half of fiscal 2009 is encouraging, demonstrating that Nissan’s recovery plan is on track."

He hastened to add that the firm would move forward cautiously while still trying to gauge what will happen with the UK economy.

From April to September the company’s net income was $90 million (around £54 million) after tax, which represented an almost 93 per cent decline when compared to figures from the same period in 2008.

Nissan attributed some of its success down to the government’s scrappage scheme.

The brand offers buyers a £2,000 incentive on certain models in its range for the trading in of their old vehicle.

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