Cars
Nissan Announces New Midterm Business Plan, will Introduce a New Vehicle Every Six Weeks for Six Years
Japanese carmaker Nissan Motor Co. revealed on Monday its new midterm business plan dubbed “Power 88â€, with which it aims to boost both its global market share and profit margin to 8 percent within six years – hence the “88†reference in the name. Last year, Nissan, which is 44.3 percent owned by French partner Renault, had a 5.8 percent global market share. The new plan calls for the introduction of 52 new cars for fiscal years 2011 to 2016, or about one new vehicle every six weeks.
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Infiniti’s Mercedes A-class-based Compact Model To Be Built By Magna Steyr
Carlos Ghosn, CEO of Japan’s second biggest automaker, wants Nissan's luxury brand, Infiniti, to have a 10 percent share in the premium segment, which amounts to 500,000 units. The “Power 88†plan that Ghosn revealed last June...
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Nissan Offers Three Years Of Free Service For 2011my Gt-r In The Uk
Pit stops for new owners of the 2011 GT-R in the United Kingdom will become a far more enjoyable chore as Nissan is offering a three-year servicing plan, along with three years RAC cover. The Japanese automaker said the free service plan is offered to...
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Nissan Planning To Sell A New Low-cost, Micra-based Model In The Usa
Nissan officials confirmed today that the automaker is planning to add a new entry-level model based on the soon-to-be-revealed Micra in its U.S. market lineup. The next generation Micra (think Toyota Yaris and Ford Fiesta competitor), which was teased...
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Nissan's European Sales Drop 16% In April
Nissan today reported 37,980 sales in European sales in April that represents a 16 percent decrease compared to the same month a year ago. Aside from the Qashqai small crossover and the Micra that recorded increases of 21 and 4 percent year on year respectively,...
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Nissan To Release 9 All-new Models In 2008 Including 370z And Cube
Nissan released an outline of its new five-year business plan called “Nissan GT 2012†(with “G†for growth and “T†for trust), which covers the period from April 1, 2008, to March 31, 2013. Somewhere in-between its...
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