Strong Global Sales Drive Nissan Quarterly Profit Higher

Strong Global Sales Drive Nissan Quarterly Profit Higher
The log of the Nissan Motor Co. is seen on a car displayed at the gallery of its global headquarters in Yokohama, near Tokyo, on Feb. 9, 2017. AP Photo/Shizuo Kambayashi
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TOKYO—Nissan reported Thursday that its October-December profit rose 3.5 percent from last year as vehicle sales climbed in all major markets.

Nissan Motor Co., based in the Japanese port city of Yokohama, reported a fiscal third quarter profit of 131.7 billion yen ($1.2 billion), up from 127.2 billion yen the same period a year ago.

Nissan, which makes the March subcompact, Leaf electric car and Infiniti luxury models, sold more vehicles in Japan, North America, Europe and Asia for the quarter compared to the previous year.

A visitor looks at a Nissan GT-R on display at the gallery of its global headquarters in Yokohama, near Tokyo, on Feb. 9, 2017. (AP Photo/Shizuo Kambayashi)
A visitor looks at a Nissan GT-R on display at the gallery of its global headquarters in Yokohama, near Tokyo, on Feb. 9, 2017. AP Photo/Shizuo Kambayashi