Nissan Q1 profit down 19.7 pct on strong yen


YOKOHAMA, Japan, July 26 (Reuters) - Nissan Motor Corp posted a 19.7 p ercent drop i n quarterly operating profit on Thursday as the impact of a strong yen and the costs of launching its new Altima sedan outweighed so l id global vehicle sales. Japan's No.2 automaker, after Toyota Motor Corp, reported operating profit of 120.7 billion yen ($1.5 billion) for the April-June period compared with 150.4 billion yen a year ago and lower than the average estimate of 142.5 billion ...

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