Nissan-Renault Keeps Top Spot in Jan.-June New Auto Sales

Economy

Tokyo, July 27 (Jiji Press)--The alliance of Nissan Motor Co. <7201> and Renault SA held first place in January-June global new automobile sales for the second straight year, according to data released by each automaker by Friday.

In the first half of 2018, the Japanese-French alliance, including Mitsubishi Motors Corp. <7211>, a Nissan affiliate, sold some 5,538,000 new vehicles around the world, up 5.1 pct from a year earlier, edging out Germany's Volkswagen AG group, with about 5,519,000 units, up 7.1 pct.

The Toyota Motor Corp. <7203> group, including Daihatsu Motor Co. and Hino Motors Ltd. <7205>, remained third, with its January-June sales growing 1.6 pct to around 5,209,000 units.

Nissan alone saw its first-half sales decline 1.4 pct to about 2,854,000 units, as it struggled in U.S. and European markets while enjoying over 10 pct sales growth in the Chinese market.

Meanwhile, Mitsubishi's sales shot up 24.8 pct to roughly 616,000 units, reflecting its strong performance in Southeast Asia, and Renault posted a 9.8 pct jump in sales to some 2,067,000 units.

[Copyright The Jiji Press, Ltd.]

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