Industry dynamics

Infiniti's Nov. deliveries in China climb 6%

Publishtime:1970-01-01 08:00:00 Views:38

BEIJING -- Sales in China by Nissan Motor Co.'s Infiniti luxury brand climbed 6 percent year on year in November to 4,000 vehicles.
In the first 11 months, Infiniti's sales in China rose 3 percent to nearly 37,000 vehicles.
Despite the increase, Infiniti is far behind China's leading luxury brands -- Audi, Mercedes and BMW -- and it is struggling to keep up with fast-growing second-tier luxury brands such as Cadillac, Jaguar and Land Rover.
In 2012, Infiniti moved its headquarters to Hong Kong to be closer to the mainland market. Nissan CEO Carlos Ghosn wants the brand to account for 10 of global luxury sales by 2020.
To achieve that target, Infiniti will have to do better in China, its second largest market behind the United States.
To boost sales, Infiniti is expanding its lineup in China. Last month, it introduced the QX30 crossover, which has a 1.6-liter engine that qualifies for China's tax cut for small vehicles. That tax cut is scheduled to expire at year end.
Infiniti builds its QX50 crossover and the stretched Q50 sedan at its partnership with Dongfeng Motor Corp. in the central China city of Wuhan.