Nissan quarterly profit dives on China sales slump
TOKYO (AP) — Nissan Motor Co. suffered a 34.6 percent plunge in October-December profit to 54.1 billion yen ($579 million) as global sales languished, especially in China, where anti-Japanese sentiment flared over a territorial dispute. All the Japanese automakers are experiencing a sales decline in China, where a territorial dispute set off anti-Japanese riots and boycotts last year. Reported by SeattlePI.com 9 hours ago.
TOKYO (AP) — Nissan Motor Co. suffered a 34.6 percent plunge in October-December profit to 54.1 billion yen ($579 million) as global sales languished, especially in China, where anti-Japanese sentiment flared over a territorial dispute. All the Japanese automakers are experiencing a sales decline in China, where a territorial dispute set off anti-Japanese riots and boycotts last year. Reported by SeattlePI.com 9 hours ago.