Nissan 2006 Annual Report Download - page 18

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Nissan Annual Report 2005
16
One—Make the Infiniti a universally recognized
luxury brand. Beginning with Korea in 2005, we are
establishing dedicated Infiniti dealerships in Russia,
China and Western Europe that present the brand’s
vibrant luxury. With the new M and G35 leading the
way, Infiniti sales grew 6,000 units to 148,000.
Two—Build a global presence in the light
commercial vehicle (LCV) market. Our LCV
business is already close to meeting its Value-Up
commitment of doubling operating profit and a 40
percent rise in volume. We are also launching LCV
dealerships that provide customized service to
commercial customers.
Three—Cultivate new supply sources in leading
competitive countries. Sourcing parts, equipment,
tooling and services from vendors in areas such as
China and Thailand is already helping us ensure
cost competitiveness worldwide.
Four—Expand our international presence. We
are moving steadily into markets such as China,
India, Thailand, Russia, Egypt, Eastern Europe and
the Gulf countries, establishing new, localized
production facilities, distribution channels and sales
financing companies.
Breakthrough Progress
During Nissan Value-Up we will pursue four major breakthroughs:
STATUS OF BREAKTHROUGHS
Infiniti Global Top Tier Brand Light Commercial Vehicles (LCV)
Leading Competitive Countries (LCCs) Geographic Expansion
750
600
450
300
150
0
(Thousand units)
10
8
6
4
2
0
(% of consolidated operating margin)
187 203
182 234 312
434
+40%
-0.5%
3.3%
1.4%
3.6%
8.0%
4.0%
’00 ’01 ’02 ’03 ’04 ’07
Russia
Middle
East
China
Korea
Taiwan
North America
Russia
China
Egypt
India Thailand
Pakistan
Eastern
Europe Gulf
Countries
Hungary
Romania
Egypt India
China
Thailand
Vietnam Mexico
Mercosur
Countries
PERFORMANCE