April 8, 2020 / 2:29 AM / 2 months ago

Nissan's China sales drop 44.9% in March due to virus

FILE PHOTO: A Nissan logo is pictured during the media day for the Shanghai auto show in Shanghai, China April 16, 2019. REUTERS/Aly Song/File Photo

BEIJING (Reuters) - Japanese automaker Nissan (7201.T) said on Wednesday its sales in China fell 44.9% from a year earlier to 73,297 units in March, as the coronavirus epidemic continues to hit the world’s biggest car market.

Nissan, which has a joint venture with Hubei-based Dongfeng Motor (0489.HK), said it sees “signs of recovery in the market”, according to a statement.

Rival Toyota’s (7203.T) China sales dropped 15.9% year-on-year in March while Honda’s (7267.T) fell 50.8%.

Reporting by Yilei Sun and Norihiko Shirouzu; Editing by Himani Sarkar

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below