Nissan on track to sell 140,000 cars in China
Nissan Motor Co. is on track to sell its target of 140,000 passenger cars in the burgeoning Chinese market, although intensifying price competition remains a challenge, the executive in charge of the Japanese automaker’s China business said.
Katsumi Nakamura, president of Dongfeng Motor Co., Nissan’s joint venture in China, told reporters last week at Tokyo headquarters that Nissan is doing well in the Chinese market, selling 111,700 cars in the first nine months of this year, nearly triple the number sold during the same period last year.
Although Nissan’s truck sales were down in China, the drop was smaller than the overall drop in truck sales in the Chinese market. Nissan will likely reach its target of selling 410,000 vehicles this year, including trucks in China, Nakamura said.
