quarterly sales grew 6 percent

TOKYO | Nissan’s profit drops amid former chair Ghosn’s arrest

TOKYO (AP) — Nissan has reported a drop in third quarter profit to about a fourth of the previous year’s, mainly because U.S. tax reforms had lifted profits a year earlier. Nissan Motor Co. said Tuesday that its October-December profit was 70.4 billion yen ($637 million), down from 301.6 billion yen the previous year. Quarterly … Continue reading TOKYO | Nissan’s profit drops amid former chair Ghosn’s arrest