Japan's Nissan swings back to profit despite chips crunch

Japan's Nissan swings back to profit despite chips crunch

2 years ago
Anonymous $CLERCuPQwa

https://apnews.com/0abd796ee9e52dbf2354b3369e07e940

TOKYO (AP) — Japanese automaker Nissan swung back into the black for the quarter through December, despite shortages of computer chips that have hit the entire industry and many other manufacturers.

Nissan Motor Co., allied with Renault SA of France, reported Tuesday a 32.7 billion yen ($284 million) profit for the fiscal third quarter, a reversal from the 37.8 billion yen loss racked up a year ago.