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Nissan’s sales slow in August as Toyota, Honda surge

September 3, 2020
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BEIJING — Japanese automaker Nissan Motor Co. said Thursday its sales in China fell 2.4 percent in August from a year earlier, while rival Toyota Motor Corp. and Honda Motor Co. sales surged in the world’s biggest auto market.

Nissan is determined to boost sales in China as it struggles to fix problems from ousted leader Carlos Ghosn’s aggressive expansion drive.

It said it sold 126,592 vehicles in China in August, up 4.7 percent 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, up 27.2 percent from last year. Of the total, 20,700 came from its premium Lexus brand, which showed a 22.3 percent sales jump compared to a year earlier. Honda sold 148,636 units, up 19.7 percent.

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