Nissan CEO: China operations "going smoothly"

Gasgoo From Dow Jones

Nissan Motor Co. President and Chief Executive Carlos Ghosn said Wednesday the company will carefully watch its operations in China, but isn't considering any special steps to deal with the possibility of strikes.

"So far, things are going smoothly" in China, Ghosn said at a press conference after the annual general shareholders' meeting in Yokohama, where the company is headquartered.

Still, the Japanese car maker will closely monitor the possibility of strikes that could disrupt production in the world's biggest auto market, where walkouts at local suppliers have been spreading.

Honda Motor Co. and Toyota Motor Corp. have been forced to halt production in China due to strikes at local parts factories.

Ghosn also said Nissan and its French partner Renault S.A. are bidding to acquire South Korea's Ssangyong Motor Co. to increase production capacity in South Korea.

Renault's subsidiary, Renault Samsung Motors, produces the Sunny small car for Nissan and exports it to the Middle East.

Gasgoo not only offers timely news and profound insight about China auto industry, but also help with business connection and expansion for suppliers and purchasers via multiple channels and methods. Buyer service: buyer-support@gasgoo.com Seller Service: seller-support@gasgoo.com

All Rights Reserved. Do not reproduce, copy and use the editorial content without permission. Contact us: autonews@gasgoo.com