Apr 24, 2006
Nissan Production, Sales and Exports for March 2006 and FY05
--Overseas and global production at record levels in fiscal 2005--
TOKYO (April 24, 2006)--Nissan Motor Co., Ltd., today announced production, sales and export figures for March 2006 and the 12 months ending March 31, 2006.
Nissan's global production totaled 342,165 units in March, down 1.7% year-on-year.
Domestic production fell 12.2% year-on-year, to 136,413 units. Although production of the Serena minivan rose, lower output of the Lafesta minivan and the Note compact car, which were both released last fiscal year, weighed on overall production.
March overseas production rose 6.7%, to 205,752 units, a new monthly record. In the US, production fell 13.6% year-on-year, to 76,080 units, amid declining output of Xterra SUVs and Titan full-sized pickups.
In the UK, production grew 8.5% year-on-year, to 32,073 units, following the start of production of the new Note compact car.
Production in Spain grew 20.5% to 20,673 units, supported by local production of the new Navara pickup which began last May.
Production by General Overseas Markets (all markets excluding Japan, US and Europe) rose 22.6% to 36,531 units.
Fiscal year 2005
Global production for fiscal year 2005 reached a record 3,438,340 units, up 3.2% year-on-year.
Domestic production totaled 1,364,868 units, down 7.9% from a year ago due to lower output of several models, including the March and Cube both compact cars, despite major increases for the Serena minivan and Note compact car.
Overseas production hit a new record of 2,073,472 units, up 12.1% year-on-year.
US production grew 0.6% year-on-year, to 808,586 units, due to steadily increasing output of the Pathfinder following the start of local production of the SUV in Smyrna, Tennessee.
In Mexico, the popularity of the mid-sized Sentra pushed production up 11.1% year-on-year, to 378,784 units.
UK production grew 2.5% year-on-year, to 317,186 units, following the start of local production of the Note in early 2006.
In Spain, the start of local production of the Navara pickup boosted production 37.3% year-on-year, to 205,069 units.
In GOM, output increased 47.2% year-on-year, to 363,847 units. Production in China alone rose 133.3% to 208,477 units, following the start of production of the Tiida compact sedan and hatchback.
Nissan's March registrations in Japan fell 7.3% year-on-year, to 103,566 units, amid slowing sales of the Note compact car and the Lafesta minivan despite strong sales of the Serena minivan. Nissan's March share of all newly-registered cars in Japan totaled 18.6%, down 3.1% year-on-year.
Domestic sales, including minicars, fell 7.3% year-on-year, to 124,513 units. Minicars sales alone grew by 88.0% year-on-year, to 20,947 units, supported by the new Otti and Moco. Nissan's share of the domestic market, including minicars, amounted to 14.9% for March, down 1.2% year-on-year.
US sales decreased by 2.6% from a year ago to 103,095 units. Nissan brand sales fell 1.1% to 91,209 units. Infiniti sales fell 12.5% to 11,886 units amid slower sales of the Infiniti G35, sold as the Skyline in Japan.
Sales in Europe declined 4.5% year-on-year, to 57,936 units, amid fewer sales of the Micra compact car.
Nissan's domestic registrations in fiscal year 2005 fell 5.4% from the previous year, to 718,535 units, amid slower sales of the March and Cube compact models. Nissan's share of domestic registrations was 18.4%, down 0.9% year-on-year.
Domestic Nissan sales, including minicars, decreased 0.7% year-on-year to 842,062 units. Minicars sales by grew 39.6% year-on-year, to 123,527 units, supported by the new Otti. Nissan's share of the domestic market, including minicars, was 14.4%, down 0.2% year-on-year.
US sales rose by 6.1% from last year, to 1,075,097 units, topping the one-million mark for the second consecutive year and setting a new record. Nissan-branded sales jumped by 6.8%, to 941,592 units, supported by growing sales of the Sentra and Altima passenger cars and the Pathfinder truck. Sales under the Infiniti brand rose by 1.3%, to 133,505 units. Both marques posted record sales for the second consecutive year.
In Europe, sales decreased 1.3% year-on-year due to fewer sales of the Pickup and the Micra compact model.
* Japan Exports
March exports rose 4.1% compared with the same month last year, to 60,926 units, mainly to North America.
Nissan exports in the past 12 months decreased 6.7% year-on-year, to 673,680 units.
Exports to North America were about the same at 256,147 units, decreasing just 0.1% from a year ago.
Exports to Europe fell 29.7% year-on-year, to 92,290 units, with local production of the Navara pickup in Spain resulting in fewer exports of Pickups from Japan.
Exports to the Middle East rose 18.5% year-on-year, to 99,498 units. Asia-bound exports fell 27.3% year-on-year, to 67,496 units, amid declining shipments to China and Thailand.