Nissan Motor Co., Ltd. today announced financial results for the twelve-month period ending March 31, 2013. Nissan faced a range of challenges during fiscal year 2012, yet fourth quarter profitability enabled the company to achieve its full-year net income target. Nissan also generated strong free cash flow and strengthened its balance sheet during FY2012.
Nissan announced today the appointment of Santiago Castro as sales and exports director for Nissan Latin America and the Caribbean (NLAC). He will report to Jose Roman, managing director for Nissan Latin America and the Caribbean.
Nissan today announced that Dan Bednarzyk, currently vice president of the Nissan Canton Vehicle Assembly Plant in Mississippi, is named to the newly created position of vice president, Total Delivered Cost, effective May 13.
Nissan Motor Co., Ltd. today announced its plan to expand the use of Advanced High Tensile Strength Steel (AHSS) in to up to 25 percent of the vehicle parts (measured by weight) installed in its new production models. Nissan will make use of advanced high tensile strength steel starting in 2017 as one of its initiatives to help reduce vehicle weight.
Nissan today announced its Canton Vehicle Assembly Plant has earned the sourcing contract to build the next-generation Murano crossover, which comes as Nissan begins celebrating 10 years of manufacturing in Mississippi.
Today, a Smyrna, Tenn., family received an early Christmas present from Nissan and Rutherford County Habitat for Humanity—the keys to a house where they will spend the first of many holiday seasons together. At today's dedication ceremony, Smyrna Vehicle Assembly Plant Vice President Susan Brennan presented the keys to a Nissan-sponsored Habitat for Humanity house to LaRissa Robinson and her family.
Today, at a dedication ceremony conducted by Habitat for Humanity of Oakland County (Habitat Oakland), engineers from Nissan Technical Center North America presented the keys to the latest Nissan-sponsored and employee-built Habitat home to owner Capri Naylor. The ceremony in Pontiac included Nissan employees representing the 45 volunteers from the Farmington Hills-based Nissan facility who built the Naylors' new home this fall.