Japan’s Nissan Reports Better Profit as Chip Crunch Eases

Japan’s Nissan Reports Better Profit as Chip Crunch Eases
A staff of Nissan car showroom wipes a car in Tokyo on Jan. 31, 2022. Eugene Hoshiko/AP Photo
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TOKYO—Nissan reported a 55 percent jump in its October–December profit Thursday, as the Japanese automaker gears up for a less bumpy journey with its French alliance partner Renault.

Profit for the quarter at Yokohama-based Nissan Motor Co. totaled 50.6 billion yen ($386 million), up from 32.7 billion yen in the previous year.