Manufacturing News

Nissan targets 2.6% sales growth in 2019

Nissan Motor Co. expects to increase sales in China 2.6 percent to more than 1.6 million this year.

The Japanese brand disclosed the target Wednesday after posting slightly weaker sales in January.

Nissan’s China deliveries slid 0.8 percent to 133,934 last month compared with January 2018.

Behind the decline: Sales at the Venucia brand, which is owned by Nissan’s joint venture with Dongfeng Motor Group, that slumped 21 percent to 13,466.

Nissan was the largest Japanese automaker in China last year, with local deliveries increasing 2.9 percent to 1.56 million from 2017.

In January, Nissan was outsold by Honda Motor Co. in China. Honda’s local deliveries rose 8.2 percent to 136,483. Toyota Motor Corp. hasn’t released January sales results for China.

Toyota sold 1.47 million vehicles, a jump of 14 percent. Honda delivered 1.43 million vehicles, virtually unchanged from 2017.

For 2019, Toyota seeks to increase China sales 8 percent to 1.6 million. Honda hasn’t released a sales target for 2019.

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