Industry dynamics

Nissan Motor Jan. China sales drop 8.7% YoY

Publishtime:2024-04-03 11:49:26 Views:151

Nissan Motor started the year of 2022 with a decline in total sales in China. However, its Venucia brand managed to over double its monthly sales volume in the meantime, the automaker disclosed on February 9th.

Nissan Motor Jan. China sales drop 8.7% YoY

SYLPHY; photo credit: Nissan Motor

In the first month of 2022, Nissan Motor sold a total of 133,467 vehicles in China, declining 8.7% year on year. The automaker blames the scattered COVID breakouts, and the crimped raw material supply.

With 111,333 vehicles sold, Nissan Motor’s passenger vehicle joint venture, Dongfeng Motor Co. & Ltd. DFL saw a 11.4% slump in sales compared to a year ago including Nissan, Venucia, and Infiniti brands).

Specifically, Venucia sold 10,008 vehicles, more than doubled from the previous year, at 126%, while Nissan sold 100,018 vehicles in January.

Nissan’s Sylphy series maintained its leading position in sales, with 49,982 vehicles sold in the country. Notably, the automaker’s seventh-generation Nissan ALTIMA created the best sales record within the company, with 18,739 vehicles sold in January, surging 19.1% year on year.

The light commercial vehicle sector of the group including Dongfeng Automobile Co. & Ltd. and Zhengzhou Nissan) managed a 7.4% year-on-year increase in its January sales to 22,134 vehicles.