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Nissans Market Share in Europe highest for 12 months

ROLLE, Switzerland (Feb. 4, 2010) – Nissan in Europe has reported sales of 42,985 units in January, representing an increase of 17% year on year. Nissan in Europe reported an increased market share of 3.2% continuing the consistent 3%+ monthly performances of previous months. Overall TIV was up 6% versus January 2009 driven by the Western European markets although overall still 25% below 2008 levels, Russia continues to stabilize at a lower level of demand -39% vs January 2009.

Sales in Europe for January were in line with forecasts; we are beginning to see the affect of the end or reduction of scrap incentives in Western Europe in countries like Germany where TIV was below 2009.

Bernard Loire, Vice President Sales Operations for Nissan in Europe commented:

“Our market share of 3.2% is the highest we have achieved since January 2009; this was a great result from all our teams in Europe.
The outlook for 2010 is still uncertain in many markets but several major economies are coming out of recession and forecasting some growth this year resulting in continuing strong demand for models such as Qashqai.”

Key markets highlights:

TIV increased well above last year’s levels in many markets driven by scrap incentives
UK (+27%) France (+13%) Spain (+15%) Italy (+30%)

TOP 10 COUNTRIES for January 2010

January
2010
Variation
Vs Jan. 2009
UK
6437
+12%
Germany
6308
+209%
Italy
6245
+32%
France
4502
+100%
Spain
3862
+43%
Russia
3035
-66%
Belgium/Lux
2229
+11%
Holland
1368
+41%
Greece
1036
-22%
Ireland
938
-39%
Product Highlights
·              Qashqai continues its growth +25%
·              Micra sales up 88% year on year
·              Note sales up 22%
·              Launch of Cube in line with expectations
TOP 5 PRODUCTS for January 2010
January 2010
Variation
Vs Jan. 2009
Qashqai / Qashqai +2
17993
+25%
Micra
8275
+88%
Pixo
4279
-
Note
4332
+22%
Navara
1294
-48%
About Nissan in Europe
Nissan employs around 12,500 people in its European design, research and development, manufacturing, logistics, and sales and marketing operations. In calendar year 2008, the company sold 601,647 vehicles across 40 markets in Western and Eastern Europe including Russia. Furthermore, the company produced a total of 539,580 vehicles in its Spanish and British plants.

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