Nissan reports 23.1 percent drop in June sales in U.S.; Maxima model shows growth

October 1st, 2009 CHENNAI - Japanese auto major Nissan Motors Thursday unveiled the first sketch of its global compact car to be manufactured in five countries including India. "We are serious and committed in our plans for India, and are all excited as we gear up to start production in May 2010," said Kiminobu Tokuyama, managing director and chief executive of Nissan Motor India.

September 30th, 2009 CEOs see sales growing, but many still not hiringNEW YORK — An index measuring the expectations of 107 CEOs from among the nation's largest companies was at its highest level this year, with more than half expecting sales to grow in the next six months — but their outlook for capital spending remained stagnant, and 40 percent predicted more job cuts. The Business Roundtable said Tuesday its CEO outlook index rose to 44.9 in September from 18.5 in June.

September 17th, 2009 Nissan NA to export engines to JapanDECHERD, Tenn. — Nissan is planning to export engines from the United States to Japan for the first time.

September 1st, 2009 NEW DELHI - Passenger car leader Maruti Suzuki India Tuesday reported sales of 84,808 vehicles in August, registering a growth of 41.6 percent over that in the corresponding month last year. The sales include 14,847 units exported, Maruti said in a regulatory statement.

August 6th, 2009 Sector Snap: Teen apparel wilts in JulyNEW YORK — Teen retailers reported weak same-store sales in July, partly hurt by later school-start dates and later tax-free shopping periods in several states. Labor day falls a week later this year compared to a year ago.

August 1st, 2009 MUMBAI - India's largest car maker Maruti Suzuki Saturday reported a 33.4 percent increase in sales for July to 78,074 units compared to 58,543 units in the same month last year. Of these 10,546 cars were exported.

July 29th, 2009 Nissan reports loss for fiscal first quarterTOKYO — Nissan reported a smaller-than-expected 16.5 billion yen ($175.5 million) loss for the fiscal first quarter Wednesday and unveiled plans to build more cars in China, one of the few auto markets where sales are still growing. Nissan Motor Co., Japan's third-biggest automaker, blamed slumping sales in most markets and the strong yen for the April-June quarter loss.

July 29th, 2009 Honda stays in black, Nissan reports loss for Q1TOKYO — Japanese automakers Honda and Nissan may be revving up for a comeback after cash-for-clunkers incentives boosted sales of green cars last quarter, stemming damage from a sliding global auto market. Honda Motor Co., Japan's No.

July 24th, 2009 UK Q2 GDP down 0.8 percentLONDON — Official data shows Britain's economy shrank by 0.8 percent in the second quarter, the fifth straight quarterly decline and worse than analyst forecasts of a drop of 0.3 percent. The figure released Friday is a marked improvement over the 2.4 percent decline in the first quarter but confirms that the economy is still in recession.

July 9th, 2009 Target June same-store sales fall 6.2 percentMINNEAPOLIS — Discount retailer Target says its same-store sales fell 6.2 percent in June as customers continued to shop sparingly and spend mainly on necessities such as healthcare products and food. Still, the Minneapolis-based company says it expects to meet or exceed analyst expectations for second-quarter profit.

July 1st, 2009 Mitsubishi North America sales drop in JuneCYPRESS, Calif. — Mitsubishi Motors North America said Wednesday its sales dropped 41.7 percent in June compared with the same month a year ago, although sales fell at a slower pace than in the previous month.

June 29th, 2009 Ford analyst says June best month for sales in '09DEARBORN, Mich. — Ford Motor Co.'s top sales analyst says June was the industry's best month of the year, with sales falling less than 30 percent.

May 15th, 2009 CHENNAI - Ashok Leyland Nissan Vehicles, whose proposed plant here to make commercial vehicles has been delayed due to land acquisition problems, may use the car manufacturing facility of Nissan-Renault, being set up near here, to roll out trucks, a top official said. Ashok Leyland Nissan is joint venture between India's Ashok Leyland and Japan's Nissan Motor for light commercial vehicles (LCV).

May 1st, 2009 NEW DELHI - The country's largest passenger car manufacturer Maruti Suzuki India Ltd Friday reported 15 percent growth in its sales, at 71,748 units sold in April as compared to 62,336 units in the corresponding period previous year. 'This is the fourth consecutive month of sales crossing the 70,000 units mark,' a company statement said.

April 8th, 2009 NEW DELHI - India's auto industry, which was hit hard by the global financial crisis that started in mid-2008, ended last fiscal with a marginal 0.7 percent growth in sales, thanks to the government's stimulus measures. The auto makers sold 97,23,391 vehicles in 2008-09, up from 96,54,435 units the year before, data released Wednesday by the Society of Indian Automobile Manufactures (SIAM) said.