BEIJING (August 5, 2022) – Sales by the Nissan scope and passenger vehicle (PV) businesses saw strong rebound in July with 100,203 and 86,474 units sold, a 4.6% and  7.5% increase year on year, respectively. The light commercial vehicle (LCV) business of  Dongfeng Automobile Co., Ltd. (DFAC) and Zhengzhou Nissan (ZNA) sold 13,729 units, a 10.6% decline year on year. 

Nissan’s PV and LCV sales in China reached 646,223 vehicles in the first seven months of  the year, a 19.4% decline year on year, resulting from external headwinds, including  industry-wide parts and chip shortages.

Note: Nissan announces rounded flash results to the media.

Nissan reports retail sales for PV and wholesale sales for LCV

“We are glad to see signs of recovery in both the passenger and commercial vehicle business in July as the industry-wide parts and chip shortages improve,” said Shohei Yamazaki, senior vice president of Nissan, chairman of the Management Committee for China and president of Dongfeng Motor Ltd. (DFL).

Yamazaki said the business environment will remain uncertain for the rest of the year, but with the improvement in the parts supply and overall pandemic situation across the country and a series of government incentives to stimulate auto consumption, “we look forward to seeing the continued recovery of the business through the end of the year and beyond.”

1/Highlights

< Nissan scope (PV + LCV + CBU) >

   •    100,203 vehicles were sold in July under the Nissan scope, a 4.6% increase year on year.

< DFL-PV (Nissan + Venucia + INFINITI*): Part of Nissan scope >

   •    The sales volume of Dongfeng Nissan (including Nissan, Venucia and INFINITI brands) in July reached 86,474 units, a 7.5% increase year on year. The sales volume of the Nissan brand reached 76,006 units in July, a 4.0% increase year on year. The Venucia brand sold 10,009 vehicles, a 60% increase year on year.

   •    Dongfeng Nissan sold 535,280 vehicles in the first seven months of the year. Nissan sold 476,026 units. Venucia sold 54,694 units, an increase of 35.5% year on year. 

< Nissan’s LCV (Dongfeng Automobile Co. Ltd and Zhengzhou Nissan):Part of Nissan scope >

   •    Nissan’s LCV sales in China stood at 13,729 vehicles in July. DFAC’s July sales reached 10,526 vehicles, while Zhengzhou Nissan’s July sales stood at 3,203 vehicles. 

2/Product topics

   •    Dongfeng Nissan’s performance in July was driven by its sedan and SUV series across the Nissan, Venucia, and INFINITI brands.

        ➢  As for Nissan sedans, Altima sold 16,339 units in July，an increase of 48% year on year, breaking its best sales record for the month. At the same time, Altima sold 90,510 units YTD, an increase of 15% year on year, breaking its best YTD sales record. The SYLPHY series sold 45,767 units in July. 

        ➢  As for SUVs, the sales volume reached 22,837 units in July (incl. Nissan & Venucia & INFINITI), and over 150,000 units YTD. The sales volume of the NISSAN SUV series increased by 7.7% year on year. QASHQAI sold 14,918 units in July, an increase of 26% year on year, breaking its best record for July. 

        ➢  Venucia’s July sales were boosted mainly by the Venucia V-online (3,384 vehicles), and D60 series (5,732 vehicles). The Venucia D60EV sold 4,923 units, an 843% increase on year. 

        ➢  INFINITI’s July sales were driven mainly by the QX50, Q50L, and all-new QX60. 

   •    DFAC sold 82,383 vehicles from January to July, including 9,886 NEVs.

   •    Zhengzhou Nissan’s July sales continued to be driven by its pickup and SUV businesses, including Nissan Navara (619 vehicles) and the Dongfeng Rich-brand pickup series (2,420).

* INFINITI sales includes both CBU and local production