Nissan Q4 profit jumps, sees only modest 05/06 rise

Newswire

TOKYO, April 25 (Reuters) - Nissan Motor Co. posted an 11 percent rise in fourth-quarter operating profit as stellar U.S. demand drove global sales to a record high, but it forecast a modest 1 percent rise this year, below market forecasts, citing uncertain growth in the U.S. and Japanese markets. Japan's second-biggest auto maker, 44 percent-owned by France's Renault SA , announced more details of its new business plan, delaying by one year a previous target to sell 4.2 million vehicles ...

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