Nissan 2004 Annual Report Download - page 41

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Nissan Annual Report 2003 39
The Alliance generates attractive
returns for the shareholders of each
company, and implements the best
established standards of corporate
governance.
The Alliance contributes to global
sustainable development.
II. Objectives
The Alliance develops and implements a
strategy of profitable growth, and sets itself
the following three objectives:
1. To be recognized by customers as
one of the best three automotive
groups in the quality and value of its
product and services in each region
and market segment.
2. To be among the best three
automotive groups in key
technologies, each partner being a
leader in specific domains of
excellence.
3. To consistently generate a total
operating profit among the top three
automotive groups in the world, by
maintaining a high operating profit
margin and pursuing growth.
2003 January: The Alliance Vehicle
Evaluation System (AVES) is
applied in all Renault and
Nissan plants.
January: The Renault 1.5 dCi
engine (K9K) is used on the
Nissan Micra.
January: Sales of Renault
vehicles through local Nissan
sales network in Kuwait begin.
January: Sales of Nissan
vehicles through local Renault
sales network in Romania begin.
February: Sales of Renault
vehicles through local Nissan
sales network in Bahrain begin.
March: Production of the Nissan
Xterra, the third model produced
at the Curitiba LCV plant, begins.
May: Establishment of a common
working group to improve supply
parts management for logistics.
May: Sales of Renault vehicles
through local Nissan sales
network in Qatar begin.
May: Distribution of Nissan
vehicles by Renault importer
ARTES in Tunisia begins.
May: Establishment of the
fourth Single Legal Entity (SLE)
in Austria.
June: Renault and Nissan
announce the creation of a
common regional parts warehouse
in Hungary, to cover the activities
of both groups in Central Europe
from the end of 2004.
July: The Renault 200Nm
manual transmission (JR) is used
on the Nissan Micra.
October: The Renault Kangoo is
adapted and sold by Nissan
under the Kubistar name.
December: The Alliance
Worldwide Backbone (AWB)
broadband network, the new
high-level network infrastructure
of the Alliance, is operational.
2004 January: The Renault Nissan
Purchasing Organization (RNPO)
enlarges the scope of its
operations from 43 percent to 70
percent of Alliance turnover, or
an increase from US$21.5 billion
to $33 billion. Geographical
responsibilities are also
expanded.
January: A new financing
program in Mexico begins.
January: New SLEs in Slovenia
and Croatia begin operations.
March 29: Announcement of the
Alliance Vision – Destination on
the occasion of the fifth
anniversary of the Alliance.
May: Unveiling of the new
Modus, the first Renault model to
use the common B platform, to
be marketed largely in Europe
from September 2004.