Nissan warns more car brands to stop selling vehicles in Australia Nissan managing director said there are too many car brands He warned buyers could be left in the lurch should they leave READ MORE: Citroën announces it will no longer sell cars in Australia By Brett Lackey For Daily Mail Australia and Aap Published: 02:59 BST, 27 September 2024 | Updated: 03:04 BST, 27 September 2024 e-mail View comments The boss of Nissan Australia has claimed some car brands will soon pack up and leave the country because the market is overcrowded. Japanese, American and South Korean car makers dominate sales in the country, but a raft of new Chinese brands have either already launched or are gearing up to over the next few years. 'It's not sustainable to have, within five years, 100 brands in the market,' said managing director of Nissan Oceania, Andrew Humberstone, reported Car Expert .
He pointed to the US and UK markets 'which have 40 and 42' brands available 'though depending on the data source some say it's 53' and how this was far fewer sellers despite a much larger population than Australia. 'We're at 69 or 70 already and 12 more coming in. They're saying 100 brands in the country within the next five years, that's a very, very complex marketplace.
'The business case does not fly, simple. It doesn't work.' Mr Humberstone said Australians who buy new cars, particularly of non-established brands, could be at risk of being left in the lurch should the venture collapse.
He said car p.