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

Japanese carmaker Nissan Motor Corporation produced 3.2mn units in January-November 2020, down 29.7pc from 4.5mn units during the same period in 2019. 


Production within Japan declined 39.5pc to 451,756 units in the first 11 months compared to 746,543 units during the same months in 2019. Ex-Japan production in this period fell 28pc to 2.7mn units.


Global sales in January-November stood at 3.6mn units, declining by 23.6pc on an annual basis. Sales within Japan fell by 19.2pc to 432,239 units while sales outside Japan tallied at 3.1mn units, down by 24.2pc. Exports declined by 41.8pc to 239,845 units in this period.


In November, Nissan’s output fell by 5.6pc to 404,013 cars from the same month in 2019. Production in Japan declined 19.9pc to 52,110 vehicles while output in the rest of the world accounted for 351,903 units, down by 3pc.


Global sales fell by 9.9pc to 376,442 units. Sales within Japan increased by 6.1pc to 40,297 units against November 2019. During the same period, Ex-Japan sales amounted to 336.145 units, down 11.5pc. Exports fell short by 25.7pc to 34,971 units.


Recently, the Japanese automaker announced plans to increase production at its Chennai plant by almost 50pc. 


Leave a Reply

Your email address will not be published.