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Nissan's profit flat over inspection scandal, legal costs

Published: Wednesday, November 08, 2017 @ 12:25 AM
Updated: Wednesday, November 08, 2017 @ 12:24 AM

Nissan Chief Executive Hiroto Saikawa bows as Saikawa apologized to customers, dealers, partners and government authorities for the recent faulty inspections scandal, at the start of a press conference in Yokohama, near Tokyo, Wednesday, Nov. 8, 2017. Japanese automaker Nissan Motor Co. is seeing fiscal second-quarter profit slip 3 percent despite growing sales because of costs related to improper vehicle checks in Japan and a massive global air-bag recall in the U.S. Nissan, allied with Renault SA of France, reported Wednesday a July-September profit of 141.6 billion yen
$1.2 billion
Nissan Chief Executive Hiroto Saikawa bows as Saikawa apologized to customers, dealers, partners and government authorities for the recent faulty inspections scandal, at the start of a press conference in Yokohama, near Tokyo, Wednesday, Nov. 8, 2017. Japanese automaker Nissan Motor Co. is seeing fiscal second-quarter profit slip 3 percent despite growing sales because of costs related to improper vehicle checks in Japan and a massive global air-bag recall in the U.S. Nissan, allied with Renault SA of France, reported Wednesday a July-September profit of 141.6 billion yen

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