BEIJING – Nissan Motor Co’s vehicle sales in China this month almost recovered to the prior year’s level after a coronavirus-related 45% plunge in March, two sources with knowledge of the Japanese automaker’s preliminary data said.The data reinforces growing optimism that the world’s biggest car market is stabilising fast as businesses return to normal in China, making it a rare bright spot as most dealerships in Europe and the United States remain shut.Nissan’s vehicle sales in China, which include Nissan, Infiniti and China-only brands, as well as light commercial vehicles, contracted just “a few percent” in April from a year earlier when it sold roughly 121,000 vehicles, said the people who saw the data.Sales of the Nissan brand alone showed a “small growth”, one of the people said.Nissan declined to comment on the April sales numbers but said the data would be made public on May 11. The people declined to be named as the data are preliminary and not yet public.The estimated results mark a sharp improvement from a 44.9% plunge in March and 80.3% fall in February that Japan’s No.2 automaker previously reported.”We’re putting all efforts on China and the U.S. market to regain momentum,” said the other… Read full this story
- Ford, GM, Chrysler and Nissan post big sales gains, pickup trucks lead the way
- Nissan goes on sale: Automaker cuts prices on Sentra, Maxima, Murano
- General Motors adds curves to Cadillac to improve sales in China
- Toyota raises 2012 sales target to record 9.76 million vehicles after strong quarterly profits
- Economic growth slowing in China and India, data suggests — is their boom over?
- Improved auto sales lead Ford, General Motors, Chrysler to cut back on summer shut-downs
- Stocks drop for fifth day on debt talks, Wal-Mart
- Could Procter & Gamble be the next Kodak?
- Sports supplement designer has history of risky products
- Makin Waves with Hunterdon painter Kelly Sullivan
Nissan shakes off virus woes in China sales with rebound in April have 312 words, post on auto.economictimes.indiatimes.com at April 30, 2020. This is cached page on Bach Thien. If you want remove this page, please contact us.