Nissan business fall 11.8%

Nissan Motor Co Ltd and its Chinese joint venture partner sold about 116,200 automobiles in China in November, down 11.8 percent from a year earlier, the Japanese carmaker said on Tuesday.

That follows a 9 percent year-on-year decrease in October and also a 20 percent drop in September this year.

The company's China sales in the first 11 months of this year came to about 1.1 million vehicles, up 1.7 percent from the same period a year earlier.

Nissan, which operates a car venture in China with Dongfeng Motor Group Co Ltd, revised its China sales forecast in 2014 down to 1.27 million vehicles versus a previous forecast of 1.4 million.

It aims to achieve annual China sales of 2 million cars by 2017-18.