YOKOHAMA (Kyodo) Nissan Motor Co. began selling its all-new Fuga luxury sedan Thursday, offering Japanese consumers better fuel efficiency and new features in a bid to shore up sluggish demand for luxury cars amid the global economic slump.

Although the automaker is shooting for monthly sales of 800 units, it is ultimately hoping to chalk up domestic sales of around 11,000 units for the business year, Nissan Chief Operating Officer Toshiyuki Shiga said at Nissan headquarters in Yokohama.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.