Nissan sales in China slow in August while Toyota, Honda surge

 Japanese automaker Nissan Motor informed on Thursday its sales in China dropped 2.4% in August from a year ago, while rival Toyota Motor and Honda Motor sales increased in the world’s biggest auto market.

Nissan is determined to increase sales in China as it is having a hard time to fix problems that emerged after Nissan leader Carlos Ghosn’s aggressive expansion drive.

It said it sold 126,592 vehicles in China in August, increased 4.7% from the previous month as sales continue to recover from China’s coronavirus lockdown earlier this year.

Toyota sold 164,400 vehicles in China last month, increasing 27.2% from last year. Of the total, 20,700 came from its premium Lexus brand, which revealed a 22.3% sales increase compared to a year earlier.

Honda sold 148,636 units, showing increase of 19.7%.