Nissan seeks 36% rise in sales
Monday, July 9, 2007
NISSAN MOTOR CO hopes new models will boost its vehicle sales in China this year by more than a third, its China president said yesterday.
Nissan, which operates a manufacturing venture in China with Dongfeng Motor Group Co, aims to sell 300,000 vehicles in China this year, up from 220,000 in 2006, Yukihisa Kayashima said on the sidelines of a media event.
The number three Japanese automaker already makes mid-range Tiida, Teana sedans in the world's second-largest auto market where 5.18 million cars were sold last year.
In the past week, Nissan has been rolling out its top-line Infiniti models G35 sedan, FX35 and FX45 sports utility vehicles to compete with BMW , DaimlerChrysler's Mercedes and other premium foreign brands.
Three other Infiniti models will be launched in China before the end of next year, said Kayashima, in Shanghai to open up its first Infiniti dealership in China. He declined to provide sales targets. The G35 is priced at 448,000-478,000 yuan (US$58,950-US$62,903), and the FX models sell for 638,000-808,000 yuan.
He said Nissan would open nine new Infiniti outlets this year, increasing to 15 next year.
The new outlets will be located in major Chinese cities such as Beijing, Hangzhou and Chengdu, each would move at least 500 Infiniti modes per year, he said. In 2006, Nissan, 44 per cent owned by Renault SA , sold 150,000 Infiniti models globally including 114,000 units in the United States. Reuters
Nissan, which operates a manufacturing venture in China with Dongfeng Motor Group Co, aims to sell 300,000 vehicles in China this year, up from 220,000 in 2006, Yukihisa Kayashima said on the sidelines of a media event.
The number three Japanese automaker already makes mid-range Tiida, Teana sedans in the world's second-largest auto market where 5.18 million cars were sold last year.
In the past week, Nissan has been rolling out its top-line Infiniti models G35 sedan, FX35 and FX45 sports utility vehicles to compete with BMW , DaimlerChrysler's Mercedes and other premium foreign brands.
Three other Infiniti models will be launched in China before the end of next year, said Kayashima, in Shanghai to open up its first Infiniti dealership in China. He declined to provide sales targets. The G35 is priced at 448,000-478,000 yuan (US$58,950-US$62,903), and the FX models sell for 638,000-808,000 yuan.
He said Nissan would open nine new Infiniti outlets this year, increasing to 15 next year.
The new outlets will be located in major Chinese cities such as Beijing, Hangzhou and Chengdu, each would move at least 500 Infiniti modes per year, he said. In 2006, Nissan, 44 per cent owned by Renault SA , sold 150,000 Infiniti models globally including 114,000 units in the United States. Reuters
Business Besides Oil
