Automotive Industry
Industry: Email Alert RSS FeedNissan expects its EU sales to surge; New models will drive double-digit growth, executive VP says.(News)(Brief Article)
Automotive News Europe, November, 2004 by Hamprecht, Harald
Byline: Harald Hamprecht
Nissan expects European unit sales to grow 10 percent annually within three years.
The Japanese automaker's European sales will start to rise beginning next year, helped by the introduction of new models, said Patrick Pelata, Nissan's executive vice president.
This year Nissan, which is 44 percent owned by Renault, expects its sales in Europe to drop by 0.8 percent to 538,000 units.
"For 2005 I am expecting a rise of 4 percent and I can only envision double-digit growth from 2006/2007 onward," said Pelata.
- Most Popular Articles in Autos
- Service Slants
- 2007 utility vehicle buyer's guide: Side-By-Sides are popular; here's who ...
- Transmission considerations: beyond the manual gearbox
- Buell Motorcycle engineering, innovation, & dedication: in an industry ...
- 100 + 10: America's oldest automotive magazine celebrates its 110th year ...
- More »
The introduction of the ...
Read the rest of this article with a Free Trial at HighBeam Research.
