Nissan's China sales drop 44.9% in March due to virus


© Reuters. FILE PHOTO: Nissan logo is pictured during the media day for the Shanghai auto show in Shanghai

BEIJING (Reuters) – Japanese automaker Nissan (T:) said on Wednesday its sales in China fell 44.9% from a year earlier to 73,297 units in March, as the coronavirus epidemic continues to hit the world’s biggest car market.

Nissan, which has a joint venture with Hubei-based Dongfeng Motor (HK:), said it sees “signs of recovery in the market”, according to a statement.

Rival Toyota’s (T:) China sales dropped 15.9% year-on-year in March while Honda’s (T:) fell 50.8%.

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