Japan's Nissan Motor has reported a 16 per cent rise in quarterly profit, thanks to Rogue and Qashqai SUVs ( what names !) However, the company warned a weak dollar and US economic woes meant a rougher road lay ahead.
But for an accounting change, third-quarter operating profit fell 7.2 per cent but Japan's number three carmaker - 44 per cent owned by Renault - stuck to its forecast for annual operating profit to rise 3 per cent.
Nissan is enjoying powerful growth in emerging markets such as China, Russia and the Middle East, as well as a recovery in the US.
Global vehicle sales climbed 13 per cent in the quarter, with all regions posting a rise except Japan, where the car industry faces a contracting market as the population ages.
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