Nissan says Feb China auto sales down 46 percent y/y
BEIJING, March 4
BEIJING, March 4 (Reuters) - Nissan Motor Co Ltd and its China joint venture sold about 58,200 cars in China in Febuary, down 46 percent from a year earlier, the Japanese automaker said on Monday.
That compares with a rise of 22.2 percent rise in January from a year earlier, though figures were skewed because of the timing of the week-long Spring Festival holiday.
Sales in the first two months of the year came to about 174,000, down 14.1 percent from the same period a year earlier.
China sales of Japanese car makers fell around 50 percent following violent anti-Japan protests in September after Japan nationalised two East China Sea islands. China claims the islands as its own territory.
Nissan makes vehicles in China in partnership with Dongfeng Automobile Group Co. (Reporting by Norihiko Shirouzu; editing by Jonathan Standing)
DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.