Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Japanese car manufacturer, Nissan Motors’s global production rose by 21.4pc to 1 million vehicles from April to July compared to the same months in 2020. 

 

Global vehicle production dropped by 16.8pc to 260,336 units in July from the same month last year. 

 

Passenger vehicle output between April and July increased by 69.4pc to 118,216 units from the same four-month period in 2020. In July, the production of passenger vehicles saw a 21.5pc rise to 30,212 units from the previous year. 

 

Commercial vehicle output saw a 10.7pc hike in the April to July months to 23,254 units from the same period last year while it saw a 14.2pc increase in July alone to 7,199 units from July 2020. 

 

Nissan’s production in Japan rose by 55.8pc to 141,470 vehicles from April to July and was up by 20pc to 37,411 units in July from the same month last year. Its production outside of Japan grew by 17.5pc to 925,052 vehicles in the four-month period annually, but was down by 20.9pc in July alone to 222,925 units from July 2020. 

 

The company’s global sales from April to July increased by 16pc to 1.3 million units from the same months in 2020, while they declined by 9.7pc to 307,100 units in July from last year. 

 

Passenger vehicle sales grew by 18.9pc to 61,495 units in the April to July period annually and saw a 1.2pc increase to 18,779 units in July from July last year. Sales of commercial vehicles in the four-month period fell by 16pc to 14,305 units from the same four months in 2020 and declined by 6pc to 4,261 vehicles in July from July 2020. 

 

Nissan’s total exports from Japan from April to July surged climbed 136.1pc to 79,903 units from the same months in 2020. Its exports in July grew by 36.3pc to 15,880 units from the same month in 2020.

 

 

Leave a Reply

Your email address will not be published.