Nissan China releases September sales results

(October 10, 2022, Beijing) Nissan Motor Co. today announced its results for September and January-September 2022 in China. Nissan’s sales in China, including passenger cars and light commercial vehicles, in September were 92,071 units, of which Dongfeng Motor Co., Ltd. (DFL)’s passenger car business segment (including Nissan, Venucia and Infiniti brands) Sales were 80,564 units, and the light commercial vehicle segment (including Dongfeng Motor Co., Ltd. and Zhengzhou Nissan) sold 11,507 units, down 11.8%, 6.2%, and 38.0% year-on-year, respectively.

Affected by the industry-wide shortage of parts and components such as chips, and the ongoing external factors such as the new crown epidemic, Nissan Motor’s sales in China, including the two business segments of passenger cars and light commercial vehicles, from January to September were 837,864 units, a year-on-year decrease of 17.8 units. %.

Nissan’s sales performance in China ^* (passenger car + light commercial vehicle + vehicle import)

Number of units sold in September	compared to the same month last year	Number of units sold from January to September	year-on-year
92,071	-11.8%	837,864	-17.8%

Passenger car business segment of Dongfeng Motor Co., Ltd. (Nissan, Venucia and Infiniti brands ^** )

Number of units sold in September	compared to the same month last year	Number of units sold from January to September	year-on-year
80,564	-6.2%	703,977	-16.1%

Light commercial vehicle business segment of Dongfeng Motor Co., Ltd. (Dongfeng Motor Co., Ltd. and Zhengzhou Nissan)

Number of units sold in September	compared to the same month last year	Number of units sold from January to September	year-on-year
11,507	-38.0%	133,887	-26.1%

*The passenger car in the above table is the retail sales data, and the light commercial vehicle is the wholesale sales data

Mr. Shohei Yamazaki, Senior Vice President of Nissan Motor Company, Chairman of Nissan China Management Committee, and President of Dongfeng Motor Co., Ltd., said: “At present, the supply of parts and components is constantly improving, and the overall domestic epidemic situation has improved. At the same time, the government has issued a series of encouragement Auto consumption policy. However, the overall recovery is slow due to the prolonged adverse impact, making the business environment still full of uncertainty for the rest of 2022.”

“As we successfully launched our iconic pure electric crossover SUVs, the ARIYA and the all-new Teana, in September, we look forward to the continued recovery of the company’s business in the coming period,” Mr. Shohei Yamazaki added.

He said that with the successive launch of electric drive models such as Nissan e-POWER Sylphy, ARIYA, Venucia D60EV and Venucia T60EV in the Chinese market, the implementation of the company’s electric drive strategy will be further accelerated.

1 ) September sales highlights

• Within the scope of Nissan (passenger car + light commercial vehicle + imported vehicle)
  • In September 2022, Nissan’s retail sales in China were 92,071 units .

• Passenger car business segment of Dongfeng Motor Co., Ltd. (Nissan, Venucia and Infiniti brands ^** )
  • Dongfeng Nissan (including Nissan, Venucia and Infiniti brands) sold 80,564 units in September. Among them, the sales volume of Nissan brand models was 70,016 units; the sales volume of Venucia brand models was 10,142 units, a year-on-year increase of 114.3% and a month-on-month increase of 33%.
  • Dongfeng Nissan (including Nissan, Venucia and Infiniti brands) sold 703,977 units from January to September. Among them, the cumulative sales volume of Nissan brand models was 626,048 units; the cumulative sales volume of Venucia brand models was 72,473 units, a year-on-year increase of 42.4%.

• Light commercial vehicle business segment of Dongfeng Motor Co., Ltd. (Dongfeng Motor Co., Ltd. and Zhengzhou Nissan)
  • The light commercial vehicle segment sold 11,507 units in September. Among them, Dongfeng Motor Co., Ltd. sold 8,180 units; Zhengzhou Nissan sold 3,327 units.
  • The cumulative sales volume of the light commercial vehicle segment from January to September was 133,887 units, a year-on-year decrease of 26.1%.

2 ) Product related

• Dongfeng Nissan ‘s sales of sedan and SUV models in September and January-September are as follows:
  • Nissan’s seventh-generation Teana ALTIMA (14,447 units sold) and the Sylphy series (35,926 units sold) drove sales growth of Nissan- branded sedan models this month. Nissan’s seventh-generation Teana ALTIMA from January to September (cumulative sales of 119,133 units) drove the growth of Nissan’s sedan models from January to September.
  • Nissan Qashqai (13,005 units sold) drove growth in Nissan- branded SUV models this month.
  • Venucia V (3,542 units sold), Venucia D60 series (5,927 units sold), Venucia D60EV (5,430 units sold, up 543% year-on-year) drove Venucia ‘s September sales growth. Venucia pure electric models (including D60EV and Venucia T60EV, etc.) sold a total of 5,633 units.
  • The QX50, Q50L, all-new Infiniti QX60 and all-new QX55 drove Dongfeng Infiniti ‘s sales growth in September.

• Dongfeng Motor Co. , Ltd. sold a total of 98,887 units from January to September, including 11,908 new energy vehicles and 6,251 export models.
• The Nissan Navara and Dongfeng Ruiqi pickups (2,426 units sold) boosted Zhengzhou Nissan ‘s September sales growth.

**Includes Infiniti imported models.