On June 3, Nissan released its May new car sales figures for China. Including commercial vehicles, imports and models produced locally by joint venture Dongfeng Nissan, total May sales were 106,100 units. This represents 3.4% growth over the previous year and marks the 3rd consecutive month of growth.
Nissan’s commercial car sales have been suffering a sales slump. However, Nissan’s commercial car sales in China managed a comeback due to new tax incentives started by the Chinese government in October 2015 for compact vehicles with engine capacity of 1.6L or less.
The flagship continued to be the Sylphy compact sedan. Its engine capacity is below 1.6L and thus it qualifies for the tax incentive. The X-Trail SUV also did well.
Nissan’s 2015 China new car sales were up 6.3% from the previous year at 1,250,100 units. This makes it the 2nd best-selling year after 2013. It was the first time its passenger cars had broken through 1,000,000 units.
Nissan’s China new car sales for January to May 2016 were up 0.8% at 500,900 units. Nissan is aiming for 4% year-on-year growth for the whole year of 2016 at 1,300,000 units.
(Translated by Greg Scott)