Nissan Tops The Latest Financial Report

Written by: Vishnu

Nissan Motor Co. has announced its sales, production, and export figures for July 2016. While the global production has increased by 7.2 percent, the global sales has declined by 0.3 percent.

July 2016 was Nissan's sixth ensuing month of increase. While production in Japan reduced to 2.9 percent year-on-year to 80,242 units, production outside Japan increased to 10.0 percent year-on-year to 323,275 units, the 15th successive month of increase and a record for the month of July.

Nissan's production hits record levels in the US and Mexico. The US operations saw output increase 11.8 percent year-on-year to 64,034 units, and in Mexico, production increased 1.3 percent year-on-year to 59,360 units.

Meantime, in the UK, production increased 39.6 percent year-on-year to 36,108 units; In Spain, the production increases up to 31.2 percent year-on-year to 11,520 units; and in China, production increased 5.6 percent year-on-year to 84,846 units.

In India, Nissan produced a total number of 15,054 cars, up to 5.54 percent year on year. Sales in July were 6,418 units, up 125percent year on year.

But Nissan's global sales reduced by 0.3percent year-on-year to 431,593 units. In Japan, sales including mini-vehicles decreased by 21.5percent year-on-year to 40,079 units. Sales outside Japan hiked to 2.5percent year-on-year to 391,514 units, the second consecutive month of increase and a record for the month of July.

Record hits for July were registered in the US, Mexico and Europe. In the US, sales hiked 1.2 percent year-on-year to 132,475 units; In Mexico, sales increased by 16.4 percent year-on-year to 33,387 units; and in Europe, they rose 1.0 percent year-on-year to 57,353 units. In China, sales increased 8.9 percent year-on-year to 91,740 units.

Nissan's exports from Japan also increases to 13 percent year-on-year to 54,291 units. Nissan is on a good track now. Globally the company achieved an increment in sales.

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Story first published: Wednesday, August 31, 2016, 16:33 [IST]
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