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Nissan sees emerging market car sales to recover next year

Carlos Ghosn, chief executive of Nissan Motor Co has said car sales in some emerging markets are expected to rebound in 2014, Bloomberg has reported. "Even though the situation is a little bit tough in some of the high growth markets we don't think it is going to last," said Ghosn, who also heads France's Renault. "When you see that in Portugal you have 500 cars per 1,000 residents, or 200 cars per 1,000 residents in Brazil or 300 per 1,000 residents in Russia or less than 50 cars per 1,000 residents in India, you know that the trend is up," he said.