During a visit at a Nissan factory in Malaysia, Carlos Ghosn said he was optimistic about Nissan sales in emerging markets despite tougher times in Europe, Japan and in the US.
The Renault-Nissan boss said he is “very bullish in the emerging markets” and sees “strong growth in Russia, India, China, the Middle East and Brazil.” He expects the situation to remain unchanged for this year and said “The emerging markets grew 20 percent” since the beginning of the year.
Nissan is also confident about the ASEAN market which groups 10 Southeast Asian countries. Despite a recent slowdown, the company is a small player there with a 5% market share.
Nissan will end its financial year at the end of this month and Ghosn said that to date, Nissan had sold 3.7 million vehicles. The Renault-Nissan CEO remained cautious over this year outlook as recession in the US kips a lid on demand there.
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