China has become the most profitable market for Japanese carmaker Nissan Motor Co Ltd, Chairman and Chief Executive Carlos Ghosn said on Wednesday at an event.
Ghosn, also chairman and chief executive at Renault SA which has a 43.4 percent stake in Nissan, added sales for Nissan in 2009 there were 750,000 units against 10,000 ten years ago.
"There is going to be a colossal growth in the world car stock between now and 2050," he said, adding the growth would mainly come from emerging countries such as China, India and Latin America.
