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2005 ANNUAL REPORT - Renault

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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

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