Nissan North American January Sales: Infiniti Sales Up 54.3%

GARDENA, Calif. February 3, 2003; Dow Jones reported that Nissan North America Inc. reported January vehicle sales rose 1.2% to 55,209 units from 54,534 a year ago, helped by sharp sales gains in the Infiniti division.

In a press release Monday, Nissan North America, which includes Infiniti and Nissan brand operations, said total U.S. truck sales fell 14.2% to 16,923 units from 19,732 a year ago.

Infiniti sales rose 54.3% for the month to 7,693 units from 4,985 a year ago. The company attributed the rise largely to the performance of its 2003 Infiniti G35 Sport Sedan and G35 Sport Coupe.

Nissan-brand sales for January fell 4.1% to 47,516 units from 49,549 a year ago.

American Depositary Shares of Nissan Motor Co. traded up 20 cents, or 1.3%, to $15.50 Monday, on Nasdaq volume of 94,200. Average daily volume is 205,061 shares.