TOKYO (March 24, 2009) - Nissan Motor Co.,Ltd., today announced its sales, production and export results for February 2009.
- Production
2008 saw global vehicle demand decline sharply due to the global financial and economic crisis. In response, Nissan has made a series of production adjustments in order to manage inventory levels and ensure a balanced production supply.
Nissan's global production in February decreased 51.3% year-on-year to 156,864 units.
Production in Japan decreased 68.8% year-on-year to 43,885 units.
Production outside of Japan decreased 37.8% year-on-year to 112,979 units.
In the U.S., production decreased 53.3% year-on-year to 26,029 units.
In Mexico, production decreased 30.3% year-on-year to 23,181 units.
In the U.K., production decreased 41.5% year-on-year to 21,597 units.
In Spain, production decreased 86.1% year-on-year to 2,915 units.
Production in the General Overseas Markets (GOM) increased 12.8% year-on-year to 39,257 units due to increased demand in China for the Livina series and Tiida.
- Sales
Global sales decreased 25.2% to 242,280 units compared to the previous year.
In Japan, Nissan's vehicle registrations in February decreased 35.2% year-on-year to 40,686 units. Nissan's share of the domestic market registrations in February was down 0.8 percentage points year-on-year to 18.6%.
Domestic sales of mini-vehicles were up 9.2% from the previous year to 14,895 units due to increased demand for KIX mini-SUV.
Including mini-vehicles, Nissan sold 55,581 units in Japan, down 27.3% year-on-year. Market share was down 0.6 percentage points year-on-year to 14.6%.
Nissan sales in the U.S. decreased 37.1% year-on-year to 54,249 units. Market share was up 0.6 percentage points year-on-year to 7.9% marking a record high for February.
In Europe, sales decreased 36.6% year-on-year to 33,991 units.
Sales in the GOM regions were down 2.6% from the previous year to 81,479 units. Sales in China increased 38.1% year on year due to strong sales of compact cars and increased demand over the Chinese New Year period.
- Japan Exports
Nissan's exports in February decreased 77.6% year-on-year to 16,811 units.
Exports to North America decreased 78.0% year-on-year to 6,314 units.Exports to Europe decreased 92.1% year-on-year to 689 units.
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