News: Nissan Motor Co Ltd (7201.T)

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Thu, Jan 15 2015

Renault defends China strategy after dealer criticism

SHANGHAI - French carmarker Renault SA has responded to a letter from a Chinese dealer critical of its sales targets, offering help and support to local sellers of its cars and saying it was confident of their profitability in its expansion drive.

Nissan says 2014 China sales up 0.5 pct

SHANGHAI, Jan 7 - Nissan Motor Co Ltd and its Chinese joint venture partner sold 1.22 million vehicles in China in 2014, up 0.5 percent from the previous year, the Japanese carmaker said on Wednesday.

UPDATE 1-Toyota targets 1.1 mln vehicle sales in China this year, after missing 2014 goal

BEIJING/SHANGHAI, Jan 6 - Toyota Motor Corp expects its pace of growth in China to almost halve in 2015 after failing to meet last year's target and as dealers demand compensation to atone for lacklustre sales.

U.S. auto sales end 2014 strong but slower growth looms

DETROIT - Automakers reported strong December U.S. sales on Monday, boosted by falling gasoline prices, but industry executives and analysts cautioned that growth would slow in 2015 after five years of rapid recovery from the recession. | Video

Nissan tops U.S. December sales expectations, Honda misses

DETROIT, Jan 5 - Nissan Motor Co's December U.S. sales narrowly topped and Honda Motor Co <7267.T) sales fell short of expectations as the Japanese companies led off what is expected to be strong sales figures for major automakers in the U.S. market on Monday.

BRIEF-Nissan Group of North America says total December U.S. Sales of 117,318 units

* Nissan Group of North America says total U.S. sales for December 2014 of 117,318 units, up 6.9 percent compared to last year Source text for Eikon: Further company coverage:

RPT-Foreign automakers taken to task in China over dealers' bloated inventories

(Repeats story first published on Tuesday with no change to text)

Foreign automakers taken to task in China over dealers' bloated inventories

SHANGHAI - Foreign automakers in China may struggle to dictate sales goals in the future after dealers complained to the government that inflexible targets set during a market boom obliged them to buy too much stock and bear the brunt of a drop in demand.

China probes former carmaking executive for "disciplinary violations"

SHANGHAI, Dec 25 - China's anti-corruption watchdog said on Thursday it was investigating Fan Zhong, a former senior executive at Dongfeng Motor Group Co, the local venture partner of Peugeot SA and Nissan Motor Co, for alleged "serious disciplinary violations".

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