This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Nissan Targets Light Commercial Vehicle Leadership Position By 2016

IRVINE, Calif., Aug. 27, 2013 /PRNewswire/ -- Nissan Motor Company is on track to become the world's leading manufacturer of light commercial vehicles (LCV) by fiscal year (FY) 2016.

(Photo:   (Logo:

Light Commercial Vehicles include several classes of vehicles that are designed and developed primarily for work use. Nissan offers one of the widest ranges of LCVs, from mini-LCVs up to 7.5-ton trucks.

Strong sales are expected in 2013, led by the NV200, an award-winning, new-generation compact van which will hit 200,000 cumulative sales by the end of fiscal year 2013 (April 2013-March 2014).

Overall Nissan's LCV sales were 1.14 million units in FY2012. The number of units sold topped one million for the first time in FY2011, putting Nissan a full year ahead of the Power 88 mid-term planĀ's target for LCV sales.

Under Power 88 Nissan is targeting eight percent global market share with a consistent operating profit of eight percent or more by the end of FY2016.

Nissan has increased sales of LCVs by closely studying customer needs and adapting global and regional models to suit specific local requirements. It means that not only are the vehicles practical for everyday use, they also feature low running costs matched by high levels of quality and reliability.

Quality covers every aspect of the vehicle, not just how well it is built. It includes the design of the vehicle, its practical aspects as well as its features. Nissan sees no reason why drivers of commercial vehicles should not enjoy the same levels of comfort and technology as car drivers.

The ownership experience has been similarly enhanced. A new set of dedicated dealer standards ensuring competitive sales and aftersales service have been implemented globally. The aim is to provide the highest levels of service to secure customer satisfaction.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 17,084.49 +33.74 0.20%
S&P 500 2,013.43 +15.91 0.80%
NASDAQ 4,830.47 +19.6820 0.41%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs