YOKOHAMA (Nov. 5, 2009) - The Renault-Nissan Alliance (the Alliance) and the Development & Reform Commission of GuangDong Province China (the DRC of GuangDong Province) today announced a partnership to promote zero-emission mobility in GuangDong Province.

The memorandum of understanding (MoU) brings together representatives from each organization to identify opportunities to promote the use of zero-emission vehicles in GuangDong Province. The DRC of GuangDong Province is the second local government in China to sign MoU with the Alliance after the Wuhan Municipal government.

“China has the great potential for electric vehicles as the government is very serious to promote the zero-emission societies,” said Noboru Tateishi, Program Director, Global Zero Emission Business Unit of Nissan. “We continuously talk with the local governments to spread our EVs into the Chinese market,” Tateishi continued.

Marking its tenth anniversary this year, the Renault-Nissan Alliance is leading a collaborative approach with both business and governments and has signed more than 30 other agreements worldwide with partners to launch its first electric vehicle starting 2010 in Japan, the U.S. and Europe, and to bring it in the Chinese market in the early 2011.

Source: http://www.nissan-global.com/EN/NEWS/2009/_STORY/091105-01-e.html

Japanese Used Vehicles for Sale

Used vehicle sales in Japan in the first half of 2009 stood at 2, 81, 478 units, the lowest level in 25 years for a first half, an industry body said recently in Tokyo. Sales of secondhand vehicles, excluding mini vehicles with engines of up to 660 cc, fell 3.9 percent in the January-June period from a year earlier, the Japan Automobile Dealers Association said.

The data showed that used vehicle sales in the six-month period have registered year-on-year decreases for nine straight years since 2001. Association officials said the decline was probably attributable to sluggish consumption caused by the global economic downturn and a trend for young people to buy fewer cars.

“The number of good quality used vehicles fell in line with the shortage of used vehicles stemming from slumping new vehicles sales,” an association official said. In June alone, the figure was down 2.7 percent from a year earlier to 337, 558 units, declining for the fifth straight month.

Association data showed that sales of used passenger cars fill 4 percent from the year before to 1, 877, 122 units.

Sales of used trucks came to 245, 965 units, down 2.6 percent, while the figure for used buses was down 4.3 percent to 8,322 units.

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