Business & Economy

Nissan’s monthly sales fall 9.9 pct in November

Tokyo, Dec 25 (efe-epa).- Japanese automotive firm Nissan announced Friday that in November its global sales fell by 9.9 percent compared to the same month of 2019, to 376,442 vehicles.

Like other companies in the sector, Nissan has been impacted this year by the effects of the coronavirus pandemic, but, unlike other companies, it has so far not been able to recover to its previous levels of sales and production.

The company has suffered since its former president, Carlos Ghosn, was arrested in Tokyo on Nov. 19, 2018, for financial misconduct.

Nissan reported in a statement that in the first 11 months of this year its global sales accumulated a 23.6 percent drop compared to the same period in 2019, to 3.60 million units.

Regarding production levels, in November it had a year-on-year drop of 5.6 percent, to 404,013 vehicles, and between January and November the accumulated fall was 29.7 percent, to 4.60 million units. EFE-EPA

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