Nissan posts flat H1 profit as sales costs bite

Newswire

TOKYO, Oct 29 (Reuters) - Nissan Motor Co. posted a flat first-half operating profit on Friday, stymied by a weak dollar, soaring raw material prices and higher marketing costs, and left its full-year forecasts unchanged. Nissan, Japan's number two car maker, expects a 4.3 percent rise in full-year operating profit to a record 860 billion yen, and hopes new models, including the Tiida Latio unveiled on Friday, will spark growth in its home market. Despite double-digit expansion in sales ...

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