Nissan Motor Co., the most successful Japanese automaker in China, expects sales in the world¡¯s largest automobile market to rebound within three months as demand for Japanese-branded vehicles recovers.
¡°We¡¯ve seen growth in retail year on year in March and year to date,¡± Andy Palmer, executive vice president of the Yokohama-based carmaker, said recently. ¡°When we are seeing retail growing, we can be pretty sure that within three months we will see wholesale coming back to a position better than the previous year.¡±
Nissan sales in China, its largest market, fell 17 percent to 110,000 units last month and declined 5.3 percent in 2012, as anti-Japan sentiment related to the Senkaku territorial dispute deterred consumers from buying Japanese cars.
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