August sales by Nissan Motor and its Chinese joint venture partner, Dongfeng Motor, slid just 0.7% year on year to about 85,500 vehicles.
That followed a 12.3% drop in July and a 11.1% rise in June. The company said in a statement cited by Reuters the decline in August was due to sluggish sales of light commercial vehicles.
The company’s sales in the first eight months of the year rose 9.4% to about 785,400 vehicles.
Nissan aims to boost its 2014 China sales 10.6% to 1.4m cars.
Senior vice president Jun Seki said in May that the company aims to achieve annual China sales of 2m cars by 2017-2018 as it bolsters its business in the world’s largest car market, Reuters noted.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData