A year ago, while Nissan Motor Co. was in talks to possibly link up with General Motors Corp., it reported falling sales and operating profit. This year, the story is just about reversed.
Nissan said today that sales of its cars and trucks increased 5.6% in October, a sign, the company said, that the hangover from the federal government's cash-for-clunkers program, was short-lived.
Nissan said today that sales of its cars and trucks increased 18.2% in December, but Japan's No. 3 automaker said total sales for the year declined by 19.1% in the U.S.
Nissan and Ford will offer $500 rebates on several car and truck models to boost sales over the U.S. holiday weekend. Nissan will offer a $500 discount on most of its namesake brand vehicles through Monday. The brand's U.S. sales this year through April rose 33% from a year earlier as the auto market recovered.
