Nissan targets 10 percent market share in India, to launch 10 new products by 2016

Nissan announced Nissan Power 88, its new mid-term business plan, in June 2011. The plan will accelerate the company’s growth worldwide, including in new markets and segments. It covers a broad range of initiatives to take place over six years, from fiscal 2011 to 2016. By the end of fiscal 2016, the company aims to achieve a global market share of 8 percent and to increase corporate operating profit to a sustainable 8 percent. By executing this plan, Nissan will maximise and improve the sustai

01 Feb 2013 | 3689 Views | By Autocar Pro News Desk

Predicting that the Indian passenger car market size will touch the 4.5 million mark by then, Nissan Motor Co implied a sales target of 450,000 units. To provide for these numbers, it plans to launch 10 new products by 2016, four of which will be launched in 2013-14. In that ...

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