Nissan sees higher US, Asia sales in '05
AFP, Yokohama
Japan's Nissan Motor said Thursday it was sticking to its year to September 2005 sales target of 3.6 million vehicles, with its overseas business helping offset the sluggish domestic market. Japan's second largest vehicle firm, controlled by Renault of France, had previously announced a plan under which it aimed to beef up its global sales in fiscal 2005 by a million more units than the 2.6 million it sold in the year to March 2002. The company, which unveiled six new models for the local market, said it was adjusting its targeted sales mix to reflect higher projected sales in the US, Asia and the Middle East while downgrading those for Japan and Europe. Domestic sales have been falling recently and the new models are aimed at reinvigorating the local market. Nissan president and chief executive Carlos Ghosn told a news conference that the company might update its forecast in "two months from now" but stressed its would try to hit the overall target.
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