# Nissan market dynamics in Latin America > Live situation record from CLSTR: https://clstr.news/situations/nissan-market-dynamics-in-latin-america > Updated: 2026-08-07T20:22:49.000Z. Sources: 2. Developments: 2. In late July 2026, Chile’s automotive sector recorded a 5.6% year‑on‑year increase, driven largely by a surge in used‑car transactions. Nissan re‑entered the Chilean market through a new importer, Astara Group, launching the third‑generation Nissan Versa on 1 June. The model’s refreshed design and features were positioned to capitalize on the strong demand for compact sedans and to improve the brand’s historic sales record in the country. A week later, Nissan’s performance in Mexico showed a contrasting picture. July 2026 sales slipped 0.7% year‑on‑year to 23,454 units, even as the overall Mexican market grew 3.39%. The decline coincided with the cancellation of large government vehicle‑procurement contracts—up to 36,000 units—by the Comisión Federal de Electricidad and the Secretaría de Hacienda y Crédito Público, raising concerns about future demand and industry competitiveness. Together, the snapshots illustrate Nissan’s mixed fortunes across Latin America: expansion and a new model launch in Chile, alongside a modest sales dip and broader market uncertainty in Mexico. ## Timeline ### 2026-08-07: Nissan sales dip in July as Mexican auto market expands Nissan sales fell 0.7% in July 2026 while Mexico's auto market grew; meanwhile, CFE and SHCP cancelled large vehicle procurement contracts, raising industry concerns. 2 sources. https://clstr.news/cluster/nissan-sales-dip-in-july-as-mexican-auto-market-expands ### 2026-07-29: Chile automotive sector reports used‑car market growth and Nissan’s new Versa launch Chile's auto market grew 5.6% in H1 2026, led by a 5.8% rise in used‑car sales, while Nissan, now imported by Astara, launched the updated third‑gen Versa sedan. 2 sources. https://clstr.news/cluster/chile-automotive-sector-reports-usedcar-market-growth-and-nissans-new-versa-launch --- Cite as: Nissan market dynamics in Latin America. CLSTR, https://clstr.news/situations/nissan-market-dynamics-in-latin-america