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Posts Tagged ‘Nissan sales’

Despite Prolonged Winter Sales Bounce Back

FCA, Ford, Toyota, Nissan all report gains.

by on Apr.01, 2014

Ford's F-Series helped the automaker to a 3% sales increase in March.

New car and trucks sales rebounded from a February dip led by some perennial sales “all-stars,” such as the Dodge Ram, Ford F-Series and Nissan Altima.

The seasonally adjusted annual sales rate is expected to come in at 15.8 million units, which is an increase of February’s rate of 15.3 million units. General Motors, which normally reports sales in the morning failed to do so due to a computer error, is expected to post its results by the end of the day today.

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Fiat Chrysler, Ford, Toyota and Nissan all reported sales gains for the month due to the strong sales of trucks and sport utility vehicles. Both Chrysler and Ford beat expectations. (more…)

US Car Sales on the Rise in March

FCA, Ford, Toyota, Nissan all report gains.

by on Apr.01, 2014

FCA's Ram pickup enjoyed its best March sales total in 10 years.

Sales of new vehicles, stalled by bitter winter weather, showed signs of recovery during March as both Fiat Chrysler, Ford, Toyota and Nissan all reported sales gains for the month due to the strong sales of trucks and sport utility vehicles.

Both Chrysler and Ford beat expectations. General Motors delayed release to their monthly sales totals due to a technical problem.

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“We are entering the spring selling season on a high note as our Jeep and Fiat brands recorded their best sales months ever and Chrysler Group extended its streak in March to 48 consecutive months of year-over-year sales increases,” said Reid Bigland, head of U.S. Sales. “Our Ram pickup truck posted its best March sales in 10 years.” (more…)

Altima Takes Car Sales Lead from Camry in February

Nissan, Chrysler enjoy strong sales due to SUVs.

by on Mar.03, 2014

The Nissan Altima took over the car sales lead in February outselling Toyota Camry and Honda Accord.

The cold February weather that settled across the nation set the stage for something of a revolution in showrooms across the country as the Nissan Altima replaced the Toyota Camry and Honda Accord as the best-selling passenger car in the U.S.

The final sales totals for the month of February showed Nissan selling a total of 30,849 Altimas, an increase of 11.3%. Sales of the Toyota Camry, the most popular car in America for more than a decade, fell 7.3% to 28,998 units, while sales of the Honda Accord fell 12% to 24,622.

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The decline in sales of the Camry and Accord also undercut the overall sales results for Toyota and Honda. Toyota sales slipped 4.3% despite and Honda’s fell 7% despite strong utility vehicle sales for both makers. (more…)

February Brings Automakers Mixed Sales Results

GM, Ford, Toyota, VW slump, while FCA, Nissan rise.

by on Mar.03, 2014

Jeep sales were up 47% in February, helping FCA to an double-digit jump overall for the month.

The chill of a cold February spread to new vehicle sales, but makers increased incentives to try to heat up sales in the second half of the month, setting the stage for stronger sales heading into the spring selling season.

General Motors, Ford, Toyota and Volkswagen all reported sales declines for February as inclement weather over much of the country reduced showroom traffic.

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However, Fiat Chrysler Automobiles (FCA), Porsche and Nissan posted double-digit sales increases thanks to strong sales of sport utility vehicles. FCA’s Chrysler Group posted an 11% increase compared, while Nissan said sales increased 15%. (more…)

Cold Weather Doesn’t Dim Nissan’s Expectations

Maker’s sales heat up despite Polar Vortex, and should keep building, says senior exec.

by on Feb.27, 2014

Nissan's Fred Diaz during a Detroit appearance.

It’s been a cold month in Hell, Michigan and much of the rest of country this winter, and February is looking to deliver another big chill to the auto industry, February sales likely to echo the unexpected cool-down experienced last month.

But the impact is likely to be short-lived, suggested Fred Diaz, the new Nissan division boss, during an appearance at the Automotive Press Association on Thursday.  “I’m not a believer you lose sales for good” because of bad weather, he said. “You only delay sales” that the industry will likely regain once the weather warms up.

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On the downside, the Nissan executive – who joined the company a year ago after spending a quarter-century with Chrysler – said the auto industry likely needs to prepare for a slowdown in the pace of its recovery since the end of the Great Recession.  Since bottoming out in 2010, U.S. auto sales have been growing at better than double-digit annual rates, but Diaz cautioned that level of “growth is unsustainable. We’re already seeing signs it will level off.”


U.S. Auto Sales Jump Double Digits for October Despite Shutdown

Sales soft early in month, but saw rebound in second half.

by on Nov.01, 2013

Ford Fusion sales jumped 71% in of October while the automaker saw an overall increase of 13.9%.

Despite early concerns in the wake of the U.S. government shutdown, U.S. auto sales returned to form in October with most automakers reporting sales increases despite the 16-day stalemate in Washington early in the month.

With a few makers yet to report in, sales are expected rise between 11.7% and 13%, according to a variety of estimates. Most of the makers reported that sales were slow early in October, but began hopping after the issue was settled — at least temporarily.

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The Detroit Three was led by General Motors Co. and its 16% increase over last October. The maker delivered 226,402 vehicles with Chevrolet, Cadillac and Buick-GMC performing well, according to Kurt McNeil, vice president, U.S. sales operations, in a statement. (more…)

Nissan Sales Set Record; Toyota Still Leads

Maker targets emerging markets as it chases rivals.

by on Oct.29, 2013

Nissan has set a series of U.S. sales record in recent months thanks to products like the Rogue.

Despite a modest increase of %, Nissan’s global sales set a record during the first six months of the company’s fiscal year as the Japanese automaker reported deliveries of 2.45 million units in markets around the world.

The modest sales increase this year leaves the company short of its sales targets for the fiscal year with six months still to come. And it leaves Nissan lagging well behind its Japanese arch-rival Toyota, which remains the world’s top-selling automaker this year.

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“As we look forward to fiscal 2013, we expect the global automotive industry to set yet another volume record, growing to over 81 million units. Based on the continued execution of our power 88 mid-term plan strategies and initiatives and our strong product offerings, we project Nissan unit sales to grow to 5,300,000 units for the year,” the company said in its annual report to shareholders.


Strong Truck Sales Drive Solid June

Records made and broken.

by on Jul.02, 2013

Pickups, including import models like the Toyota Tundra, helped drive strong June sales.

Strong demand for pickups and other light trucks helped deliver the best June the auto industry has seen since the beginning of the long U.S. recession – several makers reporting their best sales ever.

While industry officials acknowledged the “volatility” of the economy could yet deliver a setback – much as Wall Street traders experienced last month, the general mood is growing increasingly upbeat with June sales numbers solidly exceeding most analysts’ full year forecast.

“While we are cautious in terms of the economic outlook, we expect our sales pace to remain steady in the second-half of the year,” said Jonathan Browning, CEO of the Volkswagen Group of America.

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VW was, in fact, one of the few brands to report a downturn for the month, though that came after a strong surge earlier this year that saw the German maker post its best numbers since the era of the original Volkswagen Beetle. And while the VW brand itself fell 3.2% for the month, the sibling Audi brand reported a record June  and its 30th consecutive month of increases.


June Car Sales Exceed Expectations

Sales strong for small cars as well as pickups.

by on Jul.02, 2013

Resurgent demand for pickups helped boost June sales.

With brisk sales of pickup pick-up trucks leading the way, Detroit’s Big Three makers reported their strongest sales since the beginning of the industry’s slump, while Hyundai came in with an all-time record despite pushing the limits of its production capacity.

But while most of the other major makers set to report today are expected to show stronger-than-expected results for June, not everyone had a good month. After posting its best numbers in decades, Volkswagen of America sales continued to cool in June.

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June’s strong performance defies some skeptics worried about a slowing of the economy, especially in the wake of the month’s poor stock market performance.  But Reid Bigland, Chrysler Group LLC’s U.S. sales chief said, “I think the fundamentals for continued growth in the new vehicle sales industry remain intact.”


Nissan Reports Marginal Profit Increase

Maker lifted by weak yen but hurt by ongoing China problems.

by on May.10, 2013

Nissan CEO Carlos Ghosn at the 2013 NY Auto Show.

Nissan kept its balance sheet in the black for the just-ended fiscal year, but despite the lift it got from the weakening yen, the maker had trouble overcoming the ongoing problems it faces in China, as well as some unexpected setbacks in the U.S. market.

The second-largest Japanese maker’s modest 0.3% increase in a net profit of ¥342.45 billion, or $3.4 billion, comes in sharp contrast to the tripling in profits reported earlier this week by arch-rival Toyota Motor Co.

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The two automakers were both hurt by problems in China stemming, but Nissan had other issues to deal with, senior officials acknowledged, the company’s CEO Carlos Ghosn telling reporters that “It’s clear that several negative factors outweighed (the) positive contributions” of such things as the weakening yen.