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TOKYO (AP)– Nissan’s revenue zoomed up greater than 10-fold in July-September from a year previously, increased by a weak Japanese yen and strong automobile sales around the globe.
The Japanese automaker, allied with Renault SA of France, reported a 190.7 billion yen ($ 1.3 billion) revenue in the last quarter, up from 17.4 billion yen the year prior to. Quarterly sales rose 25% to 3.15 trillion yen ($ 20.9 billion), the firm claimed Thursday.
Nissan Motor Co, that makes the Leaf electrical automobile, Infiniti deluxe versions and Rogue sport-utility automobile, obtained a strong increase from the weak yen, as did its Japanese competitorsToyota Motor Corp and Honda Motor Co.
The weak yen typically aids the outcomes of Japanese merchants by appreciating their abroad incomes when they are exchanged yen. The united state buck has actually been trading at regarding 150 yen recently, up from 130 yen …
