In 2011 Nissan showed the world that it is possible to take a gamer, put him through a driver development program, unleash him at Le Mans and see him stand on the podium after 24 hours of grueling racing.
Nissan Motor Co., Ltd. today announced financial results for the 12-months and fourth quarter ending March 31, 2014, as Carlos Ghosn, President and Chief Executive Officer, said the company was accelerating measures to meet its Nissan Power 88 mid-term goals, committing to an 8% operating profit margin by the end of fiscal year 2016 and targeting 8% market share.
Nissan has delivered a year of growth despite numerous challenges in fiscal year 2013. Operating profit and net income exceeded both our mid-year guidance and the comparable year-ago figures. The company also generated significant automotive free cash flow and further strengthened its balance sheet.
The Nissan ZEOD RC race car not only features a pair of electric motors producing 300 horsepower, but a separate internal combustion engine which produces 400 horsepower from a 1.5-liter, three-cylinder, 40 kilogram (88 pound) powerplant.