Nissan Reports May 2011 Production, Sales, Export Results
Despite still feeling the effects of the March 11 earthquake, Nissan Motor Co. reported a a 19.3 percent year-over-year increase in global production in May.
YOKOHAMA, Japan — Nissan Motor Co. attributed its record-breaking 19.3 percent jump in global production in May to rising demand for certain models and production coming back online after the March 11 earthquake in Japan.
Increased demand for the Nissan Juke and Rogue helped increase domestic production by 0.8 percent to 80,036 units. Production in the U.S. market also increased to 8.3 percent, or 49,105 units, which the company credits to increased demand for the Altima.
The company also reported an all-time record for May global sales, which jumped 6.3 percent from the year-ago period to 344,934 units. However, the effects of the Japan earthquake dragged domestic sales in Japan down by 12.9 percent. Sales in the U.S. market also decreased, dropping 9.1 percent from a year ago to 76,148 units.
Sales outside of Japan increased by 9.3 percent 306,953 units on a year-over-year basis, marking another company all-time record for the month of May. Sales in Europe increased 37 percent due to sales recovery in Russia and increased demand for the Juke, while sales in China also reached a new record for the month with a 15 percent increase over last year.
The company also reported a decrease in exports in May of 5.6 percent, while North American exports increased 8.4 percent to 27,287 units.
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