Nissan's quarterly profit jumps 15 pct on sales rise, currency perk, sticks to annual forecast

Nissan Motor Co. says its July-September profit jumped nearly 15 percent to 124.9 billion yen ($1.1 billion) as vehicle sales improved in almost all regions.

The Japanese automaker, behind the Leaf electric car, Altima compact and Infiniti luxury brand, stuck to its profit forecast for the full fiscal year through March 2015 at 405 billion yen ($3.6 billion).

Nissan said the perk from a weak yen and stronger sales in North America will make up for falling sales in China and other nations.

Yokohama-based Nissan revised its annual sales forecast to 5.45 million vehicles, down from an earlier 5.65 million vehicles. The lower forecast is still above the previous fiscal year at 5.19 million vehicles.

Quarterly sales edged up 6 percent to 2.68 trillion yen ($23.7 billion).