Nissan's U.S. Purchases Rise to $3.48 Billion in Fiscal Year 1994

Strategic Insights -

Nissan North America Inc. announced significant increases in its U.S. auto parts and materials purchases, totaling $3.48 billion during fiscal year 1994, a 15 percent rise over the previous fiscal year. This figure is part of the company's $4.10 billion in total purchases from U.S. suppliers, a 19 percent increase from fiscal year 1993 and a 300 percent surge over purchasing levels five years ago. The growth is attributed to the expansion of Nissan's operations in the United States, including the production of the all-new Nissan Sentra and 200SX at the Nissan Motor Manufacturing Corp. U.S.A. (NMMC) complex in Smyrna, Tennessee.

Key Takeaways:

  • Nissan's U.S. auto parts and materials purchases rose to $3.48 billion in fiscal year 1994, marking a 15 percent increase over the previous year.
  • The total purchases from U.S. suppliers reached $4.10 billion in fiscal year 1994, a 19 percent increase from fiscal year 1993.
  • Nissan's U.S. purchases have surged 300 percent over the company's purchasing levels five years ago.
  • The company began production of the all-new Nissan Sentra and 200SX at the NMMC complex in Smyrna, Tennessee, in fiscal year 1994.
  • Nissan's Middle Tennessee operations now assemble four vehicles: the Nissan Altima, Sentra, 200SX, and Truck.
  • NMMC also produces engines, rear axles, plastic bumper fascias, fuel tanks, stampings, and engines for the Nissan Quest/Mercury Villager minivan assembled in Avon Lake, Ohio.
  • Nissan's operations in North America, including styling, engineering, manufacturing, sales, finance, and industrial equipment, employ over 22,000 people.
  • The company's activities generate nearly 75,000 jobs through its 1,594 Nissan and Infiniti dealerships across the continent.

Statistics:

  • $3.48 billion: Nissan's U.S. auto parts and materials purchases in fiscal year 1994.
  • $4.10 billion: Total purchases from U.S. suppliers in fiscal year 1994.
  • 15 percent: Increase in U.S. auto parts and materials purchases over the previous fiscal year.
  • 19 percent: Increase in total purchases from U.S. suppliers over fiscal year 1993.
  • 300 percent: Surge in Nissan's U.S. purchasing levels over five years ago.
  • 4: Number of vehicles assembled at the NMMC complex in Middle Tennessee.
  • 22,000: Number of people employed by Nissan in North America.
  • 75,000: Number of jobs generated by Nissan's activities across the continent.
  • 1,594: Number of Nissan and Infiniti dealerships across North America.

Sources:

  • Nissan North America Inc. press release, July 12, 1995.
  • Nissan Motor Manufacturing Corp. U.S.A. information.