NISSAN: Sales stumble 25% in 2022, largely on chip shortages

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After a sputtering start to the decade, Nissan Group‘s U.S. market fortunes showed signs of recovery in 2021. But it has turned out to be short-lived.

Last year, the Japanese automaker’s U.S. sales tumbled 25 percent as the industry grappled with tight inventories and faced a new threat of softening demand in a slowing economy.

Nissan Division sold 682,731 vehicles in 2022, down 26 percent from the year earlier. Infiniti sales, meanwhile, tumbled 20 percent to 46,619 vehicles…

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