Japanese automaker Nissan says its profit jumped 95 percent in the fiscal fourth quarter on healthy overseas sales. Nissan Motor Co. said Tuesday its January-March profit rose to 137.6 billion yen (US$1.3 billion; ¤840 million) from 82.2 billion yen in the same period the previous year. Sales in the quarter rose 5.9 percent from a year ago to 2.99 trillion yen (US$28.8 billion; ¤18.7 billion), according to Nissan. Tokyo-based Nissan, which has an alliance with Renault SA of France, sold 1.06 million vehicles around the world in the quarter, an increase of 7.8 percent from the previous year, the Associated Press reported.
