Nissan 2010 Annual Report Download - page 7

Download and view the complete annual report

Please find page 7 of the 2010 Nissan annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 45

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45

Entering the Next Phase Product Plan Performance
05Annual Report 2010NISSAN MOTOR CO., LTD.
identities and autonomy of action. The synergies Nissan
achieves with Renault and, now, with Daimler will contribute
to our company’s complete recovery and enable future
growth.
Nissan is heading in the right direction, and we are eager
to move forward with clear priorities. The lessons learned
from our revival experience in 1999 and our recovery
actions in 2009 are now built into our global business
practices. Nissan will emerge from this crisis more
competitive and stronger. We are driven by our passion to
create value and to offer customers more pleasure of
mobility, whether they live in mature or emerging markets,
whether they drive on today’s roadways or in the new era of
sustainable mobility. No matter what the circumstances, our
commitment to our stakeholders is constant: You can
always expect the best from Nissan.
Carlos Ghosn
President and Chief Executive Officer
dividend). We will elaborate on future dividend policies when
we announce our midterm plan.
At the foundation of Nissan’s strategy lies the
Renault-Nissan Alliance, now in its 11th year. The Alliance is
a constant lever for creating value and improving
performance. Supported by the dedicated team within
Renault Nissan BV, the Alliance has benefited from
significant synergies in fiscal 2009, through pure cost and
CAPEX savings as well as cost and CAPEX avoidance. In
2010 the Alliance should generate additional benefits
through new synergies, savings and joint revenue
opportunities. With upstream involvement in the
decision-making process, the Alliance is able to identify and
integrate synergies into the future plans of both companies.
The pursuit of synergies is also behind our strategic
cooperation with Daimler, with whom the Alliance will work
on powertrain sharing, including Daimler’s 4-cylinder
gasoline and diesel engines and a 6-cylinder diesel engine
for Infiniti. Our cooperation will also extend to small vehicles,
light commercial vehicles, electric vehicles and batteries and
other areas of common interest.
The Renault-Nissan Alliance has established an effective
model within the global automotive industry. We have shown
how large, complex organizations can work together to use
scale effectively while maintaining separate corporate