Nissan profit rises 4.2 percent as weaker yen lifts sales

Nissan Motor Co. said Tuesday its net profit rose 4.2 percent in the most recent quarter on improved sales and a lack of one-time charges that hurt earnings the previous year.

Group net profit at Japan's second-biggest automaker during the April-June quarter totaled 110.2 billion yen ($945 million), up from 105.7 billion yen a year ago.

The results come amid keen interest about a possible three-way alliance among Nissan, its partner Renault SA of France and General Motors Corp.


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