Nissan Motor Corporation announced its results of production, sales and exports for February 2016. According to these results, global production increased 8.3% from the previous year to 414,239 units, resulting in a surplus for the first time in two months.
Production outside Japan grew for the 10th consecutive month, climbing 11.2% yoy to 330,404 units. In addition to its success in China with a 13.0% increase to 54,368 units, Nissan set a record-high for February in the US and Mexico. Meanwhile, production in Japan fell for the third straight month, dropping 1.6% to 83,835 units.
Global sales exceeded its results from the previous year for the first time in two months as it grew 0.5% to 418,685 units. However, sales in Japan declined for the 21st month in a row, falling 2.8% to 62,872 units. Though sales of vehicle registrations increased 2.4% to 41,290 units, mini-vehicle sales dropped 11.5% to 21,582 units. Sales outside Japan climbed 1.1% to 355,813 units, resulting in a surplus for the 10th month in a row. Nissan achieved record-highs for February in the US, Mexico, and Europe.
Exports fell for the third straight month, declining 16.2% to 42,010 units.