News: Nissan Motor Co Ltd (7201.T)
Thu, Jan 15 2015
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.
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.
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.
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
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.
* 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:
(Repeats story first published on Tuesday with no change to text)
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.
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".