Nissan cars profits jumps 10% following rise in sales

Nissan cars have seen a full-year 10 percent profit following better sales, cost cutting and weaker yen.

According to The BBC, Nissan said that net profits in the year to end-March were 389bn yen, on sales up 20% to 10.48tn yen.

However, weaker yen has helped the Japan's carmaker, as it inflates profits repatriated from overseas.

Meanwhile, Nissan is increasing manufacturing capacity in Thailand, China and Russia.