Nissan profit up 46 pct on strong sales, weak yen

Associated Press
Nissan profit up 46 pct on strong sales, weak yen

Nissan Motor Co. President and Chief Executive Officer Carlos Ghosn speaks during a press conference in Yokohama, near Tokyo, Friday, May 10, 2013. Nissan says fiscal fourth quarter profit jumped 46 percent on stronger sales and a favorable exchange rate that offset declines in China over a bitter territorial dispute. Nissan reported Friday a January-March profit of 110 billion yen ($1.1 billion), up from 75.3 billion yen the same period the previous year. (AP Photo/Koji Sasahara)

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