Nissan's premium brand Infiniti sells 230,000 vehicles in 2016

Wed Jan 4, 2017 5:08am EST
 
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(Reuters) - Nissan Motor's (7201.T: Quote) premium brand Infiniti sold more than 230,000 vehicles globally in 2016, a 7 percent annual rise, Infiniti said on Wednesday, a record year for a marque that trails rivals in the increasingly crowded premium market.

The brand distantly lags German luxury competitors like BMW AG (BMWG.DE: Quote), which can sell almost as many vehicles in a single month, and second-tier luxury leaders like Toyota's (7203.T: Quote) Lexus, which sells at least twice as many cars each year.

Infiniti annual sales grew 4 percent year-on-year in the United States, its largest market, to more than 138,300, while China sales rose 3 percent to 41,590.

In December, Infiniti sold 27,200 vehicles globally.

(Reporting by Jake Spring in BEIJING; Editing by Muralikumar Anantharaman)

 
Carlos Ghosn, Chairman and CEO of Nissan, introduces the 2017 Infiniti Q60 at the North American International Auto Show in Detroit, Michigan, January 11, 2016.  REUTERS/Gary Cameron