Vehicle sales driven by strong performance of NV350 Urvan and Navara NISSAN PHILIPPINES GROWS BY 41% IN FIRST HALF OF 2017
THURSDAY | AUGUST 10, 2017
Nissan Philippines Inc. (NPI) continues on its growth momentum as it closes the first half of 2017 with a 41% sales growth versus the same period last year. This performance was driven by the strong sales of its core models, aggressive dealer network expansion, and the introduction of innovative After Sales programs.
Exciting product line-up
The NV350 Urvan continues to be Nissan’s best-selling model, as the people carrier accounted for 31% of the brand’s total sales in the first half of the year. Further driving the performance of the model is the Nissan Urvan Premium, which was introduced to the market last April 2017. The new model, with its sleeker design, larger leg and headroom, and enhanced seating capacity, contributed to 7% of the van’s total performance for the period.
Another driver of the brand’s growth is the tough, smart Nissan Navara. Nissan’s iconic pick-up also contributed 31% to the first half performance. Its versatile character, which allows it to be used for everyday city driving and hauling heavy materials, has made it one of the most desirable Nissan vehicles in the market. The demand for the Nissan Navara has grown significantly at 59% versus the same period last year.
Other vehicles that have contributed to Nissan’s record performance are the spacious Nissan Almera, and the built to stand out Nissan Juke, accounting for 24% and 12% of NPI sales, respectively.
Nationwide Dealer Expansion
Nissan has also begun to roll out the new global retail visual design, NREDI, to its national dealer network, beginning with Nissan Sucat last December 2016. Within the first half of 2017, Nissan has opened 5 brand new dealerships in key regions in the country. These include Nissan Marilao, Nissan Iloilo, Nissan Cebu South, Nissan Cebu Central, and Nissan Baliwag. With the addition of these dealers, Nissan has established its presence across 32 locations nationwide.
For the second half of the year, Nissan will continue to bring the brand closer to its customers by opening close to 10 additional NREDI dealerships across the Philippines.
Enhanced After Sales service
This 2017, NPI continues to provide innovative After Sales services with the Nissan Express Service, where customers can have their vehicles undergo a comprehensive PMS within 30 minutes. Bringing further convenience to Nissan customers is another industry first - the Nissan Part Online. Through this, customers can order branded merchandise and genuine parts from the comfort of their homes, and receive it in 24 hours within Metro Manila.
Sustaining growth performance
Looking at the second half of the year, NPI President and Managing Director Ramesh Narasimhan looks to sustain the strong performance of the first half of 2017.
“We have started out this year strong, growing our business by almost double versus the same period last year. And we are not stopping there. In July, we posted a new record for the brand, hitting 2,202 units sold. We hope to continue on this momentum, to truly strengthen our position in the Philippine automotive scene. We have a lot of plans in store for our customers, this second half of 2017, so I hope that the market is ready for an exciting year.”