Profits at Nissan rise 55% as chip shortages decrease.
Nissan, a Japanese manufacturer looking to travel more smoothly with its French alliance partner Renault, announced a 55% increase in earnings for the three months ending in December on Thursday.
Nissan Motor Co., with headquarters in Yokohama, made 50.6 billion yen ($386 million) in profit for the quarter, up from 32.7 billion yen the year before.