Nissan China H1 sales up 51.4% to 503,077 vehicles

Shanghai, July 21 (Gasgoo.com) Nissan (China) Investment Co., a Chinese unit of Nissan Motor Co., announced today that its vehicle sales of Nissan and Infiniti brands in China grew 51.4% from a year earlier to 503,077 units in the first half of 2010, achieving 59% of the Japanese carmaker's China sales target for this year, media reported.

Of the company's first-half sales in China, the Nissan brand sold 497,964 units, up 50.6% year on year, and the Infiniti brand sold 5,113 units, a record increase of 218.4%.

Joint venture Dongfeng Nissan Passenger Vehicle Co contributed most to Nissan Motor's first-half sales in the Chinese market by selling 330,873 Nissan cars, growing 47% and achieving 55% of the full-year sales target. Another venture Zhengzhou Nissan saw its first-half sales grow 70% to 42,068 vehicles.

In June, Nissan Motor sold 88,302 vehicles in China, including 12,638 units of the Nissan Teana and 12,128 units of the Nissan Sylphy, both models produced by Dongfeng Nissan venture. Zhengzhou Nissan's new CDV (clean diesel vehicle) model NV200 sold 1,734 units in the month after launch on June 18.

Nissan Motor expects its sales in China to increase by about 12% to 850,000 vehicles this year, even as the pace of market growth slows down. The third-biggest Japanese carmaker aims to expand its annual production capacity in China to 900,000 units by 2012.