
Nissan's Bold $1.4 Billion Strategy to Regain Chinese Market Share
In a significant move to reclaim its position in the competitive Chinese automotive market, Nissan Motor Co., Ltd. has announced a $1.4 billion investment plan. This strategic decision was unveiled by Chief Financial Officer Stephen Ma at the Shanghai auto show, targeting completion by the end of 2026.
Expanding Portfolio with Ten New Models
Following a year where Nissan's sales in China fell short of 700,000 vehicles, the company is set to introduce around ten new models. This expansion is part of Nissan's ambitious plan to reverse its declining sales trend and capture a larger market share.
Addressing Past Criticisms with Innovation
"We've taken the feedback about being late to the plug-in hybrid trend seriously. Now, we're not just catching up; we're aiming to set new standards with our first offering in this category," Ma emphasized, highlighting Nissan's commitment to innovation and excellence.
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