Latest news with #globalSales
Yahoo
2 days ago
- Automotive
- Yahoo
Nissan's global sales fall by 7% in April
Japanese automaker Nissan Motor Company reported a 7.2% year-on-year fall in global sales to 225,729 vehicles in April 2025, including Nissan and Infiniti branded models, with domestic and overseas volumes both weaker. Sales in Japan plunged by 19% to 24,348 units last month while overseas deliveries dropped by 7.2% to 201,381 units. In the first four months of 2025, global sales fell by 5.9% to 1,095,513 units from 1,163,646 in the same period last year, with sales in Japan dropping by over 11% to 157,649 units while overseas sales declined by almost 5% to 937,864 units. China was the worst-performing major overseas market year-to-date, with sales plunging by over 25% to 167,630 units, while sales in Europe fell by 4.9% to 132,822 units. Deliveries in North America rose by 3.3% to 465,569 units, including a 3.5% rise in US sales to 339,629 units, a 5.7% rise in sales in Mexico to 84,917 units, and an 8.1% rise in sales in Canada to 40,440 units. Sales in other markets combined fell by 4.4% to 171,843 units. In terms of production, global volumes dropped by 12.5% to 956,327 in the first four months of 2025, with output in Japan falling by over 11% to 201,902 units while overseas volumes dropped by 13% to 754,425 units – driven lower by a 26% plunge in Chinese output to 162,908 units and a 14% decline in UK output to 92,044 units, while production in Mexico rose by just 1% to 221,481 units. Exports from Japan fell by 14.4% to 113,220 units year-to-date, with shipments to North America plunging by 26.5% to 48,562 units while exports to Europe plunged by 31% to 12,048 units. "Nissan's global sales fall by 7% in April" was originally created and published by Just Auto, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Reuters
4 days ago
- Automotive
- Reuters
India's Samvardhana Motherson misses quarterly profit estimates as global car sales decline
May 29 (Reuters) - Samvardhana Motherson ( opens new tab, India's top auto parts maker by market capitalisation, missed quarterly profit estimates on Thursday, hurt by weak global vehicle sales. The company's consolidated profit dropped 23% to 10.51 billion rupees (about $123 million) for the quarter ended March 31. Analysts, on average, expected a profit of 10.95 billion rupees, according to data compiled by LSEG. Revenue grew 8% to 293.17 billion rupees, ahead of analysts' forecast of 287.85 billion rupees. Shares of the company hit an intraday high after results and closed 2.3% higher. For detailed earnings highlights, click (Full story). European car sales have been affected due to competition from China, the uncertainty around a 25% U.S. import tariff, and high costs. Samvardhana Motherson counts German auto majors such as Mercedes-Benz ( opens new tab, Volkswagen , Audi and BMW ( opens new tab among its top customers in Europe. Earlier this month, peer Sona BLW ( opens new tab reported a 10.4% quarterly profit rise on strong order book, but flagged a negative impact from the U.S. tariffs on short-term demand in the global auto industry. PEER COMPARISON * Mean of analysts' ratings standardised to a scale of Strong Buy, Buy, Hold, Sell, and Strong Sell ** Ratio of the stock's last close to analysts' mean price target; a ratio above 1 means the stock is trading above the PT JANUARY-MARCH STOCK PERFORMANCE -- All data from LSEG -- $1 = 85.4620 Indian rupees
Bloomberg
4 days ago
- Automotive
- Bloomberg
Toyota Sales Hit Second Monthly Record on US Demand, Tariff Rush
Toyota Motor Corp. 's sales hit a record for the second month in a row as a strong showing in the US and Japan was boosted by customers making last-minute purchases before President Donald Trump's tariffs took effect. The automaker's global sales, including from subsidiaries Daihatsu Motor Co. and Hino Motors Ltd., reached 936,718 units in April, a 12% increase from a year earlier year and a record for the month, the company said Thursday. Production came in at 902,425 units worldwide.
