Exclusive: Nissan shakes off virus woes in China sales with rebound in April - sources [Reuters]
NISSAN MOTOR LTD S/ADR (NSANY)
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Source: Reuters
Exclusive: Nissan shakes off virus woes in China sales with rebound in April - sources BEIJING (Reuters) - Nissan Motor Co’s ( 7201.T ) vehicle sales in China this month almost recovered to the prior year’s level after a coronavirus-related 45% plunge in March, two sources with knowledge of the Japanese automaker’s preliminary data said. The data reinforces growing optimism that the world’s biggest car market is stabilising fast as businesses return to normal in China, making it a rare bright spot as most dealerships in Europe and the United States remain shut due to lockdowns. Nissan’s vehicle sales in China, which include Nissan, Infiniti and China-only brands, as well as light commercial vehicles, contracted just “a few percent” in April from a year earlier when it sold roughly 121,000 vehicles, said the people who saw the data. Sales of the Nissan brand alone showed a “small growth”, one of the persons said. Nissan declined to comment on the April sales numbers but said the data
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