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Nissan Production, Sales, Export Results for March 2008 and FY2007

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Nissan Motor Co., Ltd. today announced production, sales and export figures for March and the 12 months ended March 31, 2008.
  1. Production
    March

    Nissan’s global production in March increased 1.2% year-on-year to 312,449 units.

    Export models from Japan such as Rogue, X-Trail, Dualis and Tiida boosted domestic production to 139,420 units, exceeding the previous year by 27.2%.

    Overseas production dropped 13.1% year-on-year to 173,029 units.

    In the U.S., production fell 26.9% year-on-year to 47,776 units.

    In Mexico, production decreased 40.9% year-on-year to 23,223 units.

    In the U.K., the Qashqai (Dualis in Japan) and Note led to a rise in production of 2.3% to 32,187 units.

    Production in Spain dropped 30.1% year-on-year to 15,564 units compared to the same month in the prior year.

    Production in other regions rose 33.2% year-on-year to 54,279 units due to demand for the Livina series in China, Indonesia, Malaysia, Taiwan and South Africa. Increased production of the Frontier Navara in Thailand and Bluebird Sylphy in China also contributed to the improved performance.

    Fiscal Year 2007

    Global production for the 12 months ended March 31, 2008 grew 9.6% year-on-year to 3,513,159 units, marking a record production year.

    New products such as the Rogue and Infiniti EX as well as the Skyline and X-Trail contributed to increased production at plants in Japan. Total domestic production rose 6.0% to 1,263,333 units compared to the previous year.

    Overseas production reached a record of 2,249,826 units, up 11.7% year-on-year.

    In the U.S., production fell 4.1% year-on-year to 687,032 units.

    In Mexico, the Tiida contributed to a production growth of 8.5% year-on-year to 464,257 units.

    In the U.K., production increased significantly by 23.6% to 374,076 units due to strong demand for the Qashqai.

    Production in Spain rose 2.9% year-on-year to 219,607 units.

    Other global markets saw significant production increase, up 42.9% to 504,854 units compared to previous year, boosted by demand in China, Thailand and Indonesia.

  2. Sales
    March

    In Japan, Nissan’s vehicle registrations in March grew 2.0% year-on-year to 89,171 units. The Dualis, X-Trail, Note and Tiida were positive contributors to the sales increase. Domestic sales of mini-vehicles were down 14.2% from the previous year to 20,992 units. Including mini-vehicles, Nissan sold 110,163 units in Japan, down 1.5% year-on-year.

    The company’s share of the domestic market registrations in March was up 1.0 percentage point year-on-year to 18.9%, while the corresponding market share including mini-vehicles rose 0.5 percentage points to 15.1%.

    Sales of new vehicles in the U.S. fell 3.8%* year-on-year to 106,921 units.New products such as Rogue and Infiniti G37 coupe (Skyline coupe in Japan) sold well in their introductory year.

    In Europe, strong performance of the Qashqai, X-Trail and Tiida raised Nissan sales to 80,236 units, exceeding the previous year by 41.9%.

    *US sales: 3.6% after equivalent adjustment for actual days of selling in March.

    Fiscal Year 2007

    In Japan, Nissan’s vehicle registrations for the 12 months ended March 31, 2008 decreased 2.8% to 579,420 units. Domestic sales of mini-vehicles dropped 1.4% to 141,725 units year-on-year. Including mini-vehicles, Nissan sold 721,145 units in Japan, down 2.5% over the prior year.

    Nissan’s share of the domestic market for the fiscal year 2007 grew 0.3 percentage points over the pervious year to 16.9%, while its corresponding market share including mini-vehicles was up 0.4 percentage points to 13.6%.

    U.S. sales were up 2.3% year-on-year to 1,059,002 units, surpassing the one-million mark for the fourth consecutive year.

    In Europe, growth in Russia and positive results from the Qashqai led to increase in sales by 19.0% year-on-year to 636,460 units.

  3. Exports from Japan
    March

    Nissan’s exports in March increased 52.0% to 73,825 units compared to the previous year.

    Exports to North America grew 84.0% year-on-year to 28,145 units.

    Exports to Europe rose 0.9% to 8,555 units compared to the prior year.

    Fiscal Year 2007

    Nissan’s exports for the fiscal year 2007 increased 17.5% year-on-year to 725,525 units.

    Exports to North America rose 23.4% to 293,646 units compared to the previous year.

    Exports to Europe grew 11.6% to 85,907 units year-on-year.

Production, Sales, Export Results

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Nissan Production, Sales, Export Results for March 2008 and FY2007
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