Nissan Motor anticipate an unexpected 7.7 percent drop in operating profit this year on greater raw material expenses and an unfavorable currency effect, as it gets used to modifications in the U.S. market, its most significant, where larger vehicles remain in demand. Nissan and other Japanese automakers are scrambling to offset slowing demand for their
Nissan Motor’s premium brand Infiniti sold an overall of 17,578 automobiles in April, a boost of 12 percent from a year previously, which pushed the brand’s international sales in the first 4 months of 2017 to 84,947 vehicles, boost of 16 percent. The development in both April global sales and year-to-date volume came from the
Automakers sold a record number of automobiles in Canada throughout March, with General Motors Canada leading in sales volume and giving its best month-to-month sales performance since 2008. Total Canadian sales were followed by an 11.1 percent boost in consumer demand for pickups and sport utility vehicles throughout the month, which more than offset a
February U.S. car sales, an indication of customer spending, dropped somewhat even as automakers stepped up marking down to sustain sales, significant manufacturers reported on Wednesday. Demand for cars, sport utility vehicles and pickup trucks in February fell to an annualized rate of 17.6 million automobiles, compared to a robust 17.7 million a year earlier.
China’s car sales development slowed to 0.2 percent in January, the lowest since February last year as a rollback in tax cuts and the Lunar New Year holiday moistened sales. Cars sales in the very first month of the year boosted to 2.52 million from 2.5 million automobiles in the same month in 2016, the
Foreign auto manufacturers reported neutral results in U.S showrooms in January. The consumers are floating in confidence due to easy credit option, increase in the stock market and relative decrease in gas price, followed by the presidential election. This has raised the number of sales in vehicle industry during the month of January. Since the