ADVERTISEMENT

Nissan's big sales dip in April shouldn't have surprised anybody

Nissan-Renault-Mitsubishi's strategy is global, and that led it to win the worldwide sales crown in 2017. But in the US, Nissan has a classic product problem. It's cars and trucks are good enough to convince buyers to take a look but Nissan has to discount to make sales.

  • Buzz around the industry has been that Nissan was spending heavily on incentives.
  • The carmaker has a weak portfolio of vehicles in the US.
ADVERTISEMENT

April auto sales, even with General Motors dropping out of monthly reporting, were robust. The US market is on track to post another year in which 17 million vehicles roll off dealer lots.

According to Bloomberg, the outlier in this story was Nissan.

"

FOLLOW BUSINESS INSIDER AFRICA

Unblock notifications in browser settings.
ADVERTISEMENT

Recommended articles

Best live dealer casino: Top USA live casinos online

Best live dealer casino: Top USA live casinos online

Best real money online casinos USA: Top 10 casino sites in 2024

Best real money online casinos USA: Top 10 casino sites in 2024

OPEC excited about partnership with Namibia

OPEC excited about partnership with Namibia

The US loses to Russia and China in popularity across Africa

The US loses to Russia and China in popularity across Africa

Top 10 most valuable South African brands in 2024

Top 10 most valuable South African brands in 2024

Africa's giants play tug of war for the top economic spot

Africa's giants play tug of war for the top economic spot

Morocco is making giant strides to become Africa's aviation manufacturing hub

Morocco is making giant strides to become Africa's aviation manufacturing hub

Hackers test their ransomwares in less protected regions like Africa before striking richer nations: Report

Hackers test their ransomwares in less protected regions like Africa before striking richer nations: Report

Top social media platforms used for agriculture in Kenya - Survey

Top social media platforms used for agriculture in Kenya - Survey

ADVERTISEMENT