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2 months ago
BRIEF-Nissan CEO says can reach 8 pct global market share in 6 years if China share rises to 8 pct from 5 pct
May 11, 2017 / 8:42 AM / 2 months ago

BRIEF-Nissan CEO says can reach 8 pct global market share in 6 years if China share rises to 8 pct from 5 pct

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May 11 (Reuters) - Nissan Motor Co Ltd says:

* expect revenue including consolidated China joint venture activities to grow to 16.5 trillion yen ($144.52 billion)over 6-year period, from 12.8 trillion yen at end-March

* intend to reach 8 percent global market share in next 6 years

* target 8 percent sustainable operating margin in next 6 years

* expect to achieve 8 percent global market share if able to raise China market share to 8 percent versus 5 percent currently -CEO

* see French election result as positive, ensures stability in European Union, France -CEO

* held discussions with France's Macron to outline alliance objectives; Macron understands, values Renault alliance -CEO Further company coverage: ($1 = 114.1700 yen)

Reporting by Naomi Tajitsu

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