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The Independent UK
The Independent UK
National
Yuri Kageyama

Japan's Nissan reports better profit as chip crunch eases

Nissan Renault Carlos Ghosn
Copyright 2022 The Associated Press. All rights reserved

Nissan reported a 55% jump in October-December profit Thursday, as the Japanese automaker seeks to embark on a less bumpy journey with its French alliance partner Renault.

Profit for the quarter at Yokohama-based Nissan Motor Co. totaled 50.6 billion yen ($386 million), up from 32.7 billion yen the previous year.

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