Nissan Motor Co., Ltd. today released its production, sales, and export figures for April 2024, showcasing a complex picture of the automaker’s recent performance. The data reveals both gains and setbacks across various markets and vehicle categories.
Production Highlights
In April 2024, Nissan’s global production reached 264,308 vehicles, marking a 10.1% increase compared to the same month last year. However, production within Japan experienced a decline of 9.8%, totaling 54,478 vehicles. This mixed outcome reflects divergent trends across different regions and vehicle types.
- Passenger Vehicles: 48,273 units produced, down 10.0% year-on-year.
- Commercial Vehicles: 6,205 units produced, down 7.9% year-on-year.
Production outside Japan saw a robust increase of 16.8%, with notable gains in several key markets:
- United States: 48,947 units, up 7.7%.
- Mexico: 55,892 units, a significant rise of 51.9%.
- United Kingdom: 26,230 units, up 10.0%.
- China: 51,844 units, an increase of 9.2%.
- Other Regions: 26,917 units, up 3.3%.
Year-to-date figures from January to April 2024 also show varied trends:
- Global Production: 1,092,739 units, down 2.4% from the same period in 2023.
- Production in Japan: 227,966 units, up 0.2%.
- Production Outside Japan: 864,773 units, down 3.1%.
Sales Overview
Global sales in April 2024 totaled 243,291 vehicles, reflecting a 5.7% decrease from the previous year. This decline was influenced by varying performances across different regions.
- Japan: Sales, including minivehicles, decreased by 9.0%, totaling 30,054 units. Registered vehicle sales dropped 14.8%, while minivehicle sales rose 2.9%.
- United States: 75,323 units sold, a decline of 10.1%.
- Canada: 7,860 units sold, down 10.6%.
- Mexico: 18,176 units sold, up 20.5%.
- North America: Total sales reached 101,475 units, a decrease of 5.8%.
- Europe: 20,408 units sold, an increase of 10.8%.
- China: 54,921 units sold, down 10.4%.
- Other Regions: 36,433 units sold, down 3.1%.
Year-to-date sales from January to April 2024:
- Global Sales: 1,163,629 units, up 5.2%.
- Sales Outside Japan: 985,763 units, up 6.2%.
- Japan: 177,866 units, a slight increase of 0.4%.
Export Figures
Nissan’s exports from Japan in April 2024 totaled 33,775 vehicles, a decline of 9.3% compared to the same month last year.
- North America: 15,324 units, down 23.5%.
- Europe: 7,493 units, up 38.1%.
- Other Regions: 10,958 units, down 6.9%.
Year-to-date exports from January to April 2024 reached 132,302 vehicles, a modest increase of 1.5%.
Nissan’s mixed results for April 2024 reflect both the challenges and opportunities facing the automaker in a dynamic global market. As the company navigates these fluctuations, its strategic adjustments will be crucial in sustaining growth and maintaining competitiveness.
