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Nissan profit soars on record sales despite tsunami disaster in Japan
TOKYO (AP) ' Nissan Motor Co.'s January-March profit has more than doubled to 75.3 billion yen ($941 million) as the Japanese automaker achieved record sales despite production disruptions from last year's tsunami.
Nissan annual global sales reached a record 4.85 million vehicles, showing a remarkably quick recovery from the March 2011 earthquake that ravaged much of northeastern Japan.
Nissan continues to be bullish, expecting to sell 5.35 million vehicles this fiscal year, up 10 percent for another record.