Nissan sales hammered by global pandemic

Jul 02, 2020 at 09:00 am by Michelle Willard

2020 Nissan 370Z 50th Anniversary Edition

Nissan Group announced total U.S. second-quarter sales got walloped by the COVID-19 pandemic.

For the Franklin-based automaker, sales from April-June 2020 totaled 177,328 units, a decrease of 49.5 percent versus the prior year.

It's no secret that the quarantine, tepid reopening and continued outbreak have kept buyers at home. 

In comparison, Volkswagen with its Chattanooga manufacturing plant reported Q2 2020 sales fell 29 percent in the U.S. Retail sales dropped 16 percent from 2019. Year-to-date VW sales were down 22 percent.

Nissan Division second-quarter 2020 highlights:

• Sales of the Nissan 370Z were up 24 percent in the first quarter to 749 units.
• Murano sales rose 0.3 percent with 14,292 units sold.
• Both models have also shown gains in 2020: Murano (+15 percent), 370Z (+5 percent)

You know it's bad when a highlight is a 0.3 percent increase in sales.

 

 

 

 

2020

2019

% chg

Total Second-Quarter (April-June) 2020 sales (units)

177,328

351,185

-49.5

Nissan Division sales

161,233

322,442

-50.0

INFINITI sales*

16,095

28,743

-44.0

 

 

 

 

Calendar Year Total sales (units)

434,934

717,036

-39.3

Nissan Division sales

393,281

653,978

-39.9

INFINITI sales*

41,653

63,058

-33.9

Photo: That sweet ride is the 2020 Nissan 370Z 50th Anniversary Edition (Provided)

Sections: Business




Top Reads