TOKYO (Reuters) – Nissan Motor Co bucked the optimistic trend amidst Japanese carmakers reporting quarterly earnings, exiting its yearly profit forecast unchanged because sluggish sales weighed about its bottom line whilst others got a boost from a weakening yen. The cheaper yen is improving the competitiveness of vehicles created by Nissan, Toyota Motor Corp , Honda Motor Co Ltd plus alternative Japanese brands whenever exported to key markets like the United States, plus adding to stress about their South Korean rivals. …
There are no comments yet. Why not be the first to speak your mind.