Nissan China JV aims for 2005 revenue of 55 bln yuan

Newswire

TOKYO, March 23 (Reuters) - Nissan Motor Co.'s Chinese joint venture said on Wednesday it was aiming for revenues of more than 55 billion yuan ($6.65 billion) in calendar 2005, up 25 percent from a year ago. Katsumi Nakamura, president and CEO of the joint venture, Dongfeng Motor Co., told a small group of reporters in Tokyo that the venture aimed to sell 140,000 units of Nissan-brand passenger vehicles this year. It had an original sales target of 80,000 units for last year, but sold less ...

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