Industry dynamics

Nissan March sales drop 32.6% YoY in China

Publishtime:2019/08/16 Views:47

Beijing (ZXZC)- Nissan Motor’s March sales volume in China saw an overall decline, but sales of the ALTIMA and Qashqai hit a new high regarding the models' first-quarter sales, Nissan Motor reported on April 8th. 

Nissan March sales drop 32.6% YoY in China

Qashqai; photo credit: Nissan Motor

With COVID and raw material shortages continuing to poison the industry, in the third month of 2022, Nissan Motor sold 87,902 vehicles in China, dropping 32.6% year on year. From January to March, the accumulative sales volume of the automaker amounted to 298,863 vehicles, indicating a 15.2% decline from a year ago.

In March, Nissan Motor’s passenger vehicle joint venture, Dongfeng Motor Co. & Ltd. (DFL) sold 67,910 vehicles (including Nissan, Venucia, and Infiniti brands), down 33.5% compared to 2021. For the first three months this year, the accumulative sales volume of DFL amounted to 242,931 vehicles, decreasing 16.9% year on year. 

However, the seventh-generation ALTIMA model refreshed the company’s first-quarter sales record with 40,686 vehicles sold from January to March, increasing 14% from a year ago. Furthermore, the Qashqai SUV also managed to set a new sales record in the period, with 41,675 vehicles sold, up 3% year on year. 

Additionally, Nissan Motor sold 19,992 commercial vehicles in March, 29.5% less than 2021. For the first three months of 2022, the accumulative sales volume of commercial vehicles amounted to 55,932 vehicles, down 6.7% year over year.