Arab Today, arab today nissan \struggling to satisfy china growth\
Last Updated : GMT 18:43:11
Arab Today, arab today
Arab Today, arab today

To scratch back to its pre-boycott 7.7% market share

Nissan \'struggling to satisfy China growth\'

Arab Today, arab today

Arab Today, arab today Nissan \'struggling to satisfy China growth\'

An attendant cleans the windshield wiper of a Nissan car
Shanghai - Arab Today

An attendant cleans the windshield wiper of a Nissan car The new executive in charge of Nissan's key China business said Thursday that the number-two Japanese automaker was struggling to catch up with soaring sales in the world's biggest vehicle market. Nissan, part-owned by France's Renault, took a huge hit last year when a Tokyo-Beijing territorial dispute set off riots in China and a consumer boycott of Japanese brands.
Nissan, which depends on China for about one-quarter of its global sales, saw demand plummet and has since been trying to scratch back to its pre-boycott 7.7 percent market share.
Hiroto Saikawa, who was appointed head of Nissan's China operations after a management shakeup this month, said the firm was on its way back, but was struggling to catch up in a market that grew 20 percent last month from a year ago.
"Last month, we were at 6.2 percent market share. If the pace continues, we will be above 7.0 percent in the last quarter of 2013," he told AFP on the sidelines of the Tokyo Motor Show.
"But the growth of the market has been much faster than what we anticipated."
Before the long-running dispute over an East China Sea archipelago flared anew last year, Nissan was opening 40 to 50 new dealerships in China a year but it had to slam the brakes on that growth as sales dived, Saikawa said.
With recent data suggesting the world's second-largest economy was on a stable footing, the Nissan executive said the automaker's plants in China were now running at full steam as its rebuilds its dealer network.
"The economy is so stable and the growth in demand is so solid that, last month, the market expanded 20 percent from a year ago," Saikawa said.
"There is no way we can even produce that many cars. Our production is now almost at full capacity."
Nissan, which has three plants in China with a local partner and plans for another factory to open in 2014, expects to sell about 1.27 million vehicles in the country this year.
Some 19.31 million vehicles were sold in China last year, and experts are forecasting sizzling growth until at least 2020.
Source: AFP

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today nissan \struggling to satisfy china growth\ Arab Today, arab today nissan \struggling to satisfy china growth\

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today nissan \struggling to satisfy china growth\ Arab Today, arab today nissan \struggling to satisfy china growth\

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today unveils Joon - the 'millenials' airline

GMT 13:36 2017 Saturday ,23 September

unveils Joon - the 'millenials' airline
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today US-made bomb used in fatal strike

GMT 10:16 2017 Saturday ,23 September

US-made bomb used in fatal strike
Arab Today, arab today Saudi Arabia to unblock internet calling apps

GMT 11:31 2017 Wednesday ,20 September

Saudi Arabia to unblock internet calling apps
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Ministry seeks to improve education

GMT 14:49 2017 Sunday ,17 September

Ministry seeks to improve education
Arab Today, arab today All eyes on May as she prepares

GMT 10:16 2017 Friday ,22 September

All eyes on May as she prepares
Arab Today, arab today Puerto Rico, Virgin Islands brace

GMT 12:01 2017 Wednesday ,20 September

Puerto Rico, Virgin Islands brace
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Carmakers face billions in European

GMT 12:37 2017 Saturday ,23 September

Carmakers face billions in European
Arab Today, arab today Mercedes pumps 1 bln euros    

GMT 06:04 2017 Friday ,22 September

Mercedes pumps 1 bln euros    
Arab Today, arab today Lebleba is preoccupied in filming 'Back Street'

GMT 08:56 2017 Thursday ,21 September

Lebleba is preoccupied in filming 'Back Street'
Arab Today, arab today France hopeful of persuading Trump

GMT 06:21 2017 Wednesday ,20 September

France hopeful of persuading Trump

GMT 08:59 2017 Wednesday ,20 September

Youssra prepares for launching her program

GMT 18:09 2017 Thursday ,21 September

China lifts 10-year travel ban

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 19:18 2017 Monday ,18 September

5,000 'Dieselgate' deaths in Europe per year

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 08:39 2017 Friday ,22 September

New Hurdles as Republicans Rush

GMT 06:49 2017 Friday ,22 September

O'Leary: Could ground more planes

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 12:46 2017 Thursday ,21 September

Google likely to buy stake in Taiwan smartphone maker HTC

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday