Weak Yen Helps Nissan Post Better Than Expected Profits

Nissan has reported better-than-expected profits, helped by the weakening yen and by a recovery in sales in China.

Japan's second-biggest carmaker said profit rose 57% to 84.3bn yen ($825m; £503m) for the last months of 2013, beating analysts' estimates.

It also sold a record 5.1 million vehicles globally last year.

The positive results come three months after the company cut its full-year profit outlook by about 20%.

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HughJass - 2/10/2014 8:39:06 PM

+1 Boost

Last time I checked, Honda and Nissan came from the same country so if Honda benefitted from currency manipulation then so would Nissan. What a stupid title.

How about we make something that I'd want to buy instead of complaining about currencies? What do the big 3 have that looks as good as the new Rogue? Accord doesn't really have an equal, Fusion being the closest.

Compacts, its no contest.

We complained about the Yen, then we complained about not being able to export cars to Japan that they probably wouldn't want to buy anyway. Now we're back to complaining about the Yen again. When did our country become a nation of such crybabies? Yet nobody cares that that Koreans are cheating even worse than the Japs.