Nissan LCV Unit Achieves Growth Commitments Ahead of Schedule

Hanover (ots/PRNewswire) -

- Unit Expected to Meet Sales, Operating Profit Margin Targets in
Fiscal Year 2006

Nissan Motor Co. announced today at the 61st International
Commercial Vehicle Show in Hanover, Germany that it expects its
light commercial vehicle unit to meet its business commitments under
the company's global "NISSAN Value-Up plan" in fiscal year 2006, one
year ahead of schedule.

Under the three-year Nissan Value-Up plan which ends in fiscal
year 2007, the unit committed to sales of 434,000 units, up 40%
compared with fiscal year 2004. It also committed to doubling its
consolidated operating profit margin to 8% compared with the level in
fiscal 2004.

"We are very pleased to be able to meet our commitments a year
ahead of schedule," said Andy Palmer, corporate vice president and
head of Nissan's LCV Business Unit. We will be launching two all-new
products this year, including the Cabstar which we are introducing
here at the Hanover Motor Show. More exciting products are in the
pipeline and should put Nissan on track to become a leading player in
the global LCV market," Palmer added.

In fiscal year 2004, Nissan established a dedicated global LCV
business unit to effectively coordinate the company's efforts towards
accelerating the profitable growth of the LCV business, one of four
new growth areas for the company under NISSAN Value-Up. Since then,
the LCV business unit has implemented a series of strategies to
strengthen sales, including improving its product line-up and
expanding its global market presence.

Sales of Nissan's LCVs have grown steadily since fiscal year 2002,
when they accounted for 182,000 units. In fiscal year 2005, Nissan
sold 400,267 units and posted a consolidated operating profit margin
of 7.7%.

For more information, contact:
Giuseppe Cavallo
Global Manager Communications
Nissan Motor Co., Ltd.
LCV Business Unit
Mobile: +34-628-900-255
Desk: +34-93-290-7923
Gilles Gautherot
Corporate Communications
P: +33-1-30-13-67-67
Email: ggautherot@nissan-europe.com
Web: www.nissaneurope-newsbureau.com

ots Originaltext: Nissan Motor Co., Ltd.
Im Internet recherchierbar: http://www.presseportal.de

Contact:
Giuseppe Cavallo, Global Manager Communications, Nissan Motor Co.,
Ltd. LCV Business Unit
Mobile: +34-628-900-255, Desk: +34-93-290-7923; Gilles Gautherot,
Corporate Communications
P: +33-1-30-13-67-67, Email: ggautherot@nissan-europe.com


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