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Nissan completes ‘180’ plan

Nissan announced today that it sold 3.671 million vehicles from October 1, 2004 to September 30, 2005.

The company has achieved its ‘Nissan 180’ commitment to sell an additional one million vehicles during the 12-month period compared with fiscal year 2001.

"Thanks to the hard work of all of Nissan’s employees, our revival is complete," said Carlos Ghosn, president and CEO of Nissan. "We have regained the confidence and momentum needed to grow significantly and profitably over the long term."

Europe accounted for 84,000 units. North America, including Mexico and Canada, was the biggest contributor, accounting for 437,000 units. Japan contributed 188,000 units.

By model, the Frontier/Navara/Pickup was the biggest contributor with 307,000 units sold, followed by the Altima sedan with 305,000 units and the March/Micra compact car with 258,000 units.

Nissan’s two other commitments under its ‘Nissan 180’ business plan – an operating profit margin of 8% and zero net automotive debt – were accomplished in the first year of the plan, two years ahead of schedule.

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