Nissan Bucks Analyst Expectations With September Sales Bump | Nashville Public Radio

Nissan Bucks Analyst Expectations With September Sales Bump

Oct 3, 2016

Franklin-based Nissan North America posted strong sales gains in September. That’s despite analysts predicting a slowdown of sales in the U.S. auto market.

Overall, the Japanese car maker’s September sales rose nearly five percent, to 116,000 units. Nissan’s sales of trucks, SUV’s and crossovers surged by 20 percent last month. Among its best sellers were the Smyrna-built Rogue SUV crossover, and the company’s Infiniti luxury brand. However, sales of its all-electric Leaf continue to plummet, down more than 30 percent so far this year.

U.S. auto sales have flattened after hitting record highs in 2015. Analysts say peak demand for cars and trucks has cooled off.  

Among other automakers that build cars in Tennessee, Volkswagen reported a 16 percent decline in sales for the Passat, assembled in Chattanooga. General Motors’ Cadillac XT5, a new midsize SUV built in its Spring Hill plant, is currently the brand’s top seller.