Nissan Motor Co. President Carlos Ghosn said the automaker plans to increase its global annual production capacity to more than 8 million units by the end of fiscal 2016, a 70 percent increase in less than five years.
In an interview with The Asahi Shimbun and other media on May 14, Ghosn unveiled Nissan's ambitious plan to boost production from around 4.8 million units in fiscal 2011. The company is planning for significant production capacity increases in emerging countries.
Last year, Nissan announced a six-year, midterm business plan through fiscal 2016. It set a goal to boost its global sales share to 8 percent. To reach that goal, it believes it will have to sell 7.6 million vehicles because it expects the global auto market to grow to the 95-million-unit level in fiscal 2016. With that projection, Nissan is believed to have set its goal for more than 8 million units.
To expand capacity, Nissan plans to make investments to build plants in Brazil and Mexico, and ramp up production in China, India and Indonesia.
But Nissan also said a global share of 8 percent is actually a challenge and not a commitment.
Regarding moves from fiscal 2017, after the plan’s term ends, Ghosn indicated more investments. There’s no doubt additional projects will emerge, he said. Nissan will continue to build new plants, he added.
For the Russian market, Ghosn set a goal of claiming a 40 percent share, combined with its alliance partner, Renault SA, and major Russian automaker AvtoVAZ, which will be purchased by the alliance.
Ghosn expressed a plan to produce Nissan vehicles at AvtoVAZ plants by providing manufacturing technology. Nissan will become the top brand among those of Asian makers in Russia, he said.
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