Nissan announces production, sales and export results for February 2008

Overseas production increased 5.3% year-on-year to 181,558 units, making a record production month for plants worldwide.

"We are pleased to report another record in terms of production, sales and export. We are constantly delivering solid performance despite the several challenges faced in the global industry today. With our new introductions to the Middle East market, we expect a continuous increase in our upcoming results,"

said Toru Hasegawa, Managing Director of Nissan Middle East.

In Japan, Nissan's registrations in February were up 4.4% from the previous year to 62,795 units due to strong demand for X-Trail and Tiida.

Domestic sales of mini-vehicles dropped 19.9% year-on-year to 13,642 units.

Including mini-vehicles, Nissan sold 76,437 units in Japan, down 1.0% year-on-year.

The company's share of the domestic market registrations in February was up 0.8% year-on-year to 19.5%, while the corresponding market share including mini-vehicles decreased by 0.1% to 15.2%.

In Europe, strong performance from the Qashqai, Tiida and X-Trail continued to boost Nissan sales to 53,606 units, exceeding the previous year by 65.1%.

"Through emotive design, innovative technologies and products that are truly enjoyable to drive, Nissan drivers feel that they are in command of their vehicles. This combination of traits that are present in our line-up will help us achieve the results we want for the Middle East," added Hasegawa.

Nissan's Exports in February increased 48.9% to 75,184 units. Exports to North America rose 26.1% to 28,648 units whereas Europe grew 47.0% to 8,720 units.