Friday 31 October 2008

Nissan profits slump on high yen

The impact of the exchange rate.

Nissan profits slump on high yen

Nissan has reported a 41% fall in half-year profits after it was hit by the high value of the yen and the "severe decline" in the US car market.
Japan's third-largest carmaker made a net profit of 126bn yen ($1.3bn; £803m) between April and September, down from 212bn yen a year earlier.

Read the whole article at: http://news.bbc.co.uk/1/hi/business/7701398.stm

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