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Production: a 9.4% increase in calendar<br />
year <strong>2005</strong><br />
Nissan's global production in <strong>2005</strong> increased 9.4%<br />
year-on-year to 3,508,005 units.<br />
In Japan, production increased 0.8% to 1,451,212 units.<br />
Robust sales of new models introduced in fiscal year<br />
2004 offset slower sales of existing models and exports.<br />
Overseas production climbed 16.3% to 2,056,793 units,<br />
reaching the 2 million mark for the first time ever.<br />
Production in the US rose 10.8% to 835,946 units<br />
helped by continued strong sales of the Altima midsized<br />
sedan and increased sales of the Pathfinder SUV.<br />
In Mexico, production increased 11.5% to 362,591 units<br />
due to strong demand for the Sentra compact sedan<br />
and other models.<br />
In Europe, output in the UK fell 1.4% to 315,297 units.<br />
In Spain, the Pathfinder SUV and the Navara pickup<br />
truck boosted output 35.5% to 193,604 units.<br />
Production in General Overseas Markets (GOM) jumped<br />
54.8% to 349,355 units with production in China alone<br />
rising 160.7% to 186,744 units due to strong demand<br />
for the Teana luxury sedan and the Tiida sedan<br />
and hatchback.<br />
Sales: a strong rise in US sales<br />
in calendar year <strong>2005</strong><br />
In Japan, Nissan's registrations in <strong>2005</strong> rose 2.2%<br />
to 759,725 units due to strong sales of new models<br />
released in the latter half of fiscal year 2004. Nissan's<br />
share of the domestic registered vehicle market<br />
amounted to 19.3%, up 0.5 percentage points.<br />
Including minivehicles, Nissan's domestic sales rose<br />
4.8% to 866,157 units. The company's share of the market<br />
increased 0.7 percentage points to 14.8%.<br />
In the US, sales climbed 9.2% to a record 1,076,670 units,<br />
the first time for calendar sales to reach the 1 million<br />
mark. Nissan brand sales rose 10% to 940,269 units<br />
supported by strong sales of the Altima mid-sized sedan<br />
and Pathfinder SUV. Sales at the Infiniti luxury division<br />
rose 4.1% to 136,401 units, boosted by strong sales<br />
of the M45 luxury sedan (Fuga in Japan).<br />
In Canada, Nissan's sales rose 2.2% to 70,983 units,<br />
while sales in Mexico remained largely unchanged<br />
at 234,932 units.<br />
In Europe, sales fell 0.6% to 540,945 units although<br />
demand was strong for newly launched models,<br />
including the Pathfinder SUV and the Navara pickup truck.<br />
The <strong>Renault</strong>-Nissan<br />
Alliance<br />
Nissan sales topped the 1 million mark in the US in <strong>2005</strong>,<br />
buoyed by the popular Altima sedan.<br />
Nissan Value-Up<br />
The Nissan Value-Up business plan has three commitments relating<br />
to profitability, growth and return on investment.The commitments are:<br />
· to maintain the top level of operating profit margin among global<br />
automakers for each of the three years of the plan;<br />
· to achieve global sales of 4.2 million units, measured in fiscal year<br />
2008; and<br />
· to achieve a 20% return on invested capital on average over<br />
the course of the plan, excluding cash on hand.<br />
Under the plan, Nissan will expand its worldwide presence, and Infiniti<br />
will be launched as a global tier-one luxury brand. Furthermore,<br />
through the end of fiscal year 2007, 28 all-new Nissan and Infiniti<br />
models will be launched globally.<br />
<strong>2005</strong> <strong>Renault</strong> Annual Report<br />
63