Nissan returns to profit in quarter, forecasts profitable year

TOKYO — Nissan reported a 114.5 billion yen ($1 billion) profit for the April-June quarter as its sales and profitability improved, especially in the U.S. market. The Japanese automaker says it expects to return to profit for the fiscal year through March 2022, with a 60 billion yen ($545 million) profit. It had previously expected […] July 29, 2021 at 07:33AM