Nissan Motor Co. Ltd.
) Smyrna, Tenn., plant produced U.S.'s first 2014 Nissan Rogue on
Tuesday. The first Rogue manufactured in the U.S. was the 10
millionth vehicle to be produced at the Smyrna plant
Nissan has been manufacturing cars at Smyrna for more than 30
years. The product line-up at the plant includes Altima, Maxima,
Pathfinder, LEAF and Infiniti QX60. Additionally, the Smyrna
facility has the largest lithium-ion automotive battery plant in
the U.S. These batteries are used in Nissan's electric car
The U.S. production of Rogue is part of Nissan's plan to start
manufacturing in its core markets. The company hopes to start
producing at least 85% of the models marketed in the U.S. at its
North American facilities by 2015.
Launched in 2007, Rogue is the second most popular car by
Nissan. The car recorded sales of 142,000 units in 2012, up 50%
from almost 100,000 units in 2010. Sales have been strong this
year as well, standing at 124,669 units as of September. This
amounts to a year-over-year increase of 13.6%.
Sales of Rogue are expected to increase further following the
launch of the redesigned 2014 version of the car in November.
Nissan currently carries a Zacks Rank #5 (Strong Sell). Some
outperformers in the foreign automobile sector that are worth
Honda Motor Co., Ltd.
Fuji Heavy Industries Ltd.
). Honda and Volkswagen carry a Zacks Rank #2 (Buy), while
Daimler carries a Zacks Rank #1 (Strong Buy).
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