Nissan Reports Production Drop of 58.5% in the US
Specifically, production in Japan decreased 49.8 percent to 49,663 units, "due to the impact of model changes on the Nissan ECO Series to meet with new preferential tax scheme for environment-friendly vehicles," as the company said in a release. Things went bad outside Japan too, with US production decreased 58.5% year-on-year to 22,600 units. The only bright spot seems to remain China were Nissan continued the growth and experienced an increase of 36 percent to 43,804 units.
In terms of sales, Nissan's global sales fell 20.6 percent to 233,132 units compared to the previous year. In Japan, the company's new car sales decreased by 38.7 percent to 21,165 units. The United States is still one of the most disappointing markets so far, with sales dropping 37.8% year-on-year to 47,190 units. Sales in Europe fell as well by 16.1 percent to 37,980 units.
Still, China is again the only market that put a smile on Nissan's face. "April marks a record month for China. Sales improved by 37.1% year-on-year to 66,339 units, bolstered by sales of Teana, Sylphy and Tiida," Nissan said.
Speaking of exports, Nissan's decreased 54.3% year-on-year to 30,670 units. Specifically, the company's exports to North America fell 46.3% year-on-year to 15,143 units while in Europe, the figures dropped 43.7% year-on-year to 4,423 units.