Nissan brand Infiniti global sales rise 6% on firm China growth

Source:Reuters - Global Times Published: 2018/12/6 20:59:04

Global sales of Nissan Motor Co Infiniti rose 6 percent in November from a year earlier, as the premium brand weathered a deepening market slowdown in China to post strong growth, an Infiniti statement showed.

Infiniti said total volume set a November record of 22,126 vehicles. Of that, it sold 14,086 cars in the US, up 8 percent year-on-year, and 5,009 cars in China, a rise of 9 percent.

That took its year-to-date volume to 207,188 vehicles, down 6 percent from the same period a year earlier. The brand attributed that decline to the slow pace of a production increase of its redesigned QX50 sport utility vehicle.

"Now that two factories producing the new QX50 are up and running, we have a record November," a Hong Kong-based spokesman told Reuters, referring to locations in the US and China.

Infiniti plans to at least triple sales in China within the next five years by making four additional car models locally and shifting to more of an electrified offering - a fast-emerging market in China, Reuters reported in April.

The brand's global chief Roland Krueger said from 2021 every Infiniti model launched will be either an all-electric car or so-called "e-Power" hybrids.

Posted in: COMPANIES

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