Latest news with #salesDecline
Yahoo
3 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.
Bloomberg
21-05-2025
- Automotive
- Bloomberg
Musk Distorts the State of Market Where Tesla Sales Have Crashed
Elon Musk mischaracterized the state of Europe's auto market this year when he said Tesla Inc. is seeing sales decline along with every other carmaker. Contrary to his assertion, five manufacturers that registered more new vehicles than Tesla did in the last four months posted sales increases. Tesla had by far the worst showing among major automakers, with registrations plunging almost 40%.
Reuters
08-05-2025
- Business
- Reuters
Persil-owner Henkel takes hit from weak US consumer sentiment
May 8 (Reuters) - Germany's Henkel ( opens new tab pointed to weaker consumer sentiment in North America as it reported a 1.0% fall in first-quarter sales on Thursday, below market expectations. Henkel has been grappling with weakness in industrial sectors such as automotive and electronics, alongside sluggish demand for personal and home care products amid subdued consumer spending. First-quarter sales in North America fell 3.4% organically to 1.43 billion euros. The region made up 28% of its sales last year. In March, Henkel said U.S. government decisions were hurting the North American market disproportionately. "The situation triggered by the tariff debate ... is naturally one that introduces significant volatility," CEO Carsten Knobel said, adding that consumer sentiment in the U.S. is problematic. Shares were trading down 0.44% at 1122 GMT, recovering losses after falling as much as 2.6% earlier. The consumer goods and adhesives maker's sales in the three months to March 31 fell to 5.24 billion euros ($5.92 billion) from 5.32 billion a year earlier, below analysts' average estimate of 5.32 billion euros according to a Vara Research poll, opens new tab. Sales in its adhesive technologies business, which also produces industrial adhesives for automotive, electronics and construction, grew 1.1% to 2.72 billion euros, despite a decline in the automotive segment. However, sales in its consumer brands business, which makes Persil detergent, Schwarzkopf hair care and Dial soap, fell 3.5% to 2.48 billion euros, hit by a downturn in the laundry care segment. Henkel confirmed its guidance for 2025, saying that to achieve the goal, it would focus on further optimising its portfolio of products in the consumer brands unit. Henkel has sold or discontinued brands and activities for total sales of slightly over 1 billion euros since the beginning of 2022, recently selling its retailer brands business in North America to an affiliate of First Quality Enterprises, LLC. ($1 = 0.8844 euros)
