Industry dynamics

Nissan Motor’s China sales grow 26.3% MoM in Feb. 2023

Publishtime:2019/08/16 Views:23

Beijing (ZXZC)- In the second month of 2023, Nissan Motor saw its monthly China sales recover from a month ago with a double-digit growth.

Nissan Motor’s China sales grow 26.3% MoM in Feb. 2023

Photo credit: Nissan Motor

With 59,997 vehicles sold in China last month, the Japanese automaker saw a 26.3% month-over-month increase in sales. Given that the light commercial vehicles sales of Dongfeng Automobile Co., Ltd., were no longer included in Nissan’s China sales reports since October 2022, the current monthly sales volume is not comparable to that of the prior-year period. 

Regarding the company’s overall sales in February, Nissan Motor commented that after facing external factors such as the pandemic, chip shortages, and rising raw material prices, sales are gradually recovering to normal levels.

In the past month, Dongfeng Motor Co. & Ltd. (DFL), the joint venture between Dongfeng Motor and Nissan Motor, saw 56,726 vehicles sold through its passenger vehicle unit (including Nissan, Venucia, and Infiniti brands), representing a 24.3% increase month-over-month. 

Specifically, the Nissan brand sold 50,093 vehicles, up 23.5% from a month ago. February sales of the Venucia brand amounted to 6,003 units, growing 30.3% from the prior-month period. 

Sales of Zhengzhou Nissan, the light commercial vehicle sector of Nissan Motor in China, came in at 3,271 units in the past month, surging 72.3% from that of January.