Japanese automaker Nissan Motor Co. reported Monday that its profit fell 15 percent in the July-September quarter. Strong sales in North America and China failed to make up for sluggish demand in Japan and a stronger yen.
Profit in the last quarter at Nissan, based in Yokohama, southwest of Tokyo, was 146 billion yen ($1.4 billion), down from 173 billion yen a year earlier.
Quarterly sales slipped 12 percent to 2.67 trillion yen ($26 billion).
In April-September, Nissan sold 2.6 million vehicles worldwide. Nissan is allied with Renault SA of France and its chief executive Carlos Ghosn also heads Renault.
Nissan, which makes the March subcompact, Infiniti luxury...