Nissan's global production totaled 248,349 units in May, down 11.0% year-on-year as domestic and overseas production fell for the fifth consecutive month. Japan production of models including the new Bluebird Sylphy sedan, Presage minivan and Tiida compact car rose year-on-year, but lower output of the Cube and March compact cars pushed overall domestic production down 24.6% to 81,551 units. May overseas production decreased 2.4% from the previous year, to 166,798 units. US production dropped 17.0% year-on-year to 55,812 units due to inventory adjustments for 2006 models accompanying a shift to 2007 models. In Mexico, production rose year-on-year for the first time in two months, increasing 10.9% to 33,743 units following the start of production of the Versa compact car (Tiida in Japan) which will go on sale in North America starting this summer. UK production fell to 25,962 units, down 4.9% year-on-year. In Spain, strong sales of the Navara pickup pushed production up 21.1% to 22,233 units, the first increase in two months. Production in other regions increased for the 18th consecutive month to 29,048 units, up 5.1% from a year earlier. Production in China was especially strong, jumping 60.4% to 20,048 units due to the popularity of the Tiida hatchback. Sales In Japan, Nissan's registrations in May fell for the eighth consecutive month to 41,662 units, down 20.4% year-on-year. Though registrations rose for the Serena minivan, Wingroad station wagon, Bluebird Sylphy sedan, and other new vehicles launched last year, a decline in registrations for other models weighed on results. Nissan's domestic sales including minivehicles fell 12.2% year-on-year to 51,656 units, dropping for the eighth consecutive month. Nissan's market share of domestic registrations stood at 16.2%, down 2.6 percentage points. Its market share including minivehicles fell 1.0 percentage point to 12.8%. Nissan sold 86,667 units in the US in May, representing a 7.3% decrease compared with last year and the third consecutive month that sales dipped below the previous year’s level. However, the Nissan brand saw record high May sales for the Murano sport utility vehicle and robust sales for the Frontier pickup as well. The Infiniti luxury brand’s QX56 full-size sport utility vehicle also sold well. Sales in Europe rose for the first time in eight months, increasing 1.5% year-on-year to 48,364 units due in part to strong sales of the new Note compact car. Japan Exports Nissan's exports in May declined 16.0% over the previous year to 41,772 units, amid falling exports of the X-TRAIL SUV and local production in Spain of the Navara pickup for the European market. Source: Nissan |