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Nissan Profits More Than Double as Sales Hit Record

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Nissan Motor Co., the Japanese automaker generally credited with staging the fastest recovery from last year’s earthquake and tsunami has underscored its rapid turnaround by reporting record sales for the 2011 fiscal year -- while more than doubling profits during its latest quarter. As TheDetroitBureau.com reports, Nissan is forecasting new records for 2012, as well.

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