Nissan Sold 1.52 Million Vehicles in China in 2017

Nissan aims to increase its vehicle sales in China from 1.52 million in 2017 to 2.6 million by 2022, with a revenue target of $48 billion. The company plans to invest $9 billion in manufacturing and R&D, focusing on electrification with 20 new models, including fully electric and hybrid vehicles. Despite market challenges, Nissan intends to maintain profit margins and expand the Venucia brand. The company anticipates increased competition from domestic automakers but remains optimistic about its growth prospects in China.

How many new models did Nissan introduce in 2018 and 2019, and what type were they?

What challenges does Nissan anticipate regarding profit margins as the market slows in China?

What is the strategy Nissan is implementing to compete with domestic automakers in China?