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Nissan cars profits jumps 10% following rise in sales

May 13, 2014

ANI



London, May 13 (ANI): Nissan cars have seen a full-year 10 percent profit following better sales, cost cutting and weaker yen.

According to The BBC, Nissan said that net profits in the year to end-March were 389bn yen, on sales up 20% to 10.48tn yen.

However, weaker yen has helped the Japan's carmaker, as it inflates profits repatriated from overseas.

Meanwhile, Nissan is increasing manufacturing capacity in Thailand, China and Russia. (ANI)


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Source: Asian News International


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