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Nissan says May China auto sales up 20.1 pct on yr
June 5, 2012 / 7:33 AM / 5 years ago

Nissan says May China auto sales up 20.1 pct on yr

BEIJING, June 5 (Reuters) - Nissan Motor and its China joint ventures sold 112,000 vehicles in the country in May, up 20.1 percent from a year earlier, the Japanese automaker said on Tuesday.

Sales came to 558,900 from January through May, up 14.9 percent from the year-ago level, it said.

Nissan, the largest Japanese automaker in China, makes vehicles in partnership with Dongfeng Motor Group Co.

It has a 7.4 market share in China. Nissan’s global president and chief executive, Carlos Ghosn, has set a goal of reaching a 10 percent share eventually.

To help raise its profile, Nissan will start making Infiniti cars at a $315 million plant in China from 2014. (Reporting by Fang Yan and Ken Wills)

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