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Powered by a weaker yen, Nissan reports 16% jump in Q2 earnings

Nissan lifted US sales 13 per cent this year but deliveries in Japan fell 19 per cent in the first half after the consumption tax rise.


NISSAN Motor Co, Japan's second-largest carmaker, reported quarterly profit that exceeded estimates as a weaker yen boosted earnings from the US and outweighed a slump in China and Japan.

Net income rose 16 per cent to 124.9 billion yen (S$1.4 billion) in the July-September