Nissan reports surging profit amid strong sales, easing chip crunch
By YURI KAGEYAMA – AP Business Writer TOKYO (AP) — Japanese automaker Nissan reported Thursday a seven-fold surge in January-March profit and forecast strong sales for this fiscal year riding on the popularity of its new model offerings. Nissan Motor Co.’s net profit for the fiscal fourth quarter totaled 106.9 billion yen ($798 million), up … [Read more…]