Nissan Motor Co., the most successful Japanese automaker in China, expects sales in the world's largest automobile market to rebound within three months as demand for Japanese-branded vehicles recovers.
"We've seen growth in retail year on year in March and year to date," Andy Palmer, executive vice president of the Yokohama-based carmaker, said recently. "When we are seeing retail growing, we can be pretty sure that within three months we will see wholesale coming back to a position better than the previous year."
Nissan sales in China, its largest market, fell 17 percent to 110,000 units last month and declined 5.3 percent in 2012, as anti-Japan sentiment related to the Senkaku territorial dispute deterred consumers from buying Japanese cars.