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LGV maker plans more profit and more new models

13 May 2008

LGV maker plans more profit and more new models

LGV maker plans more profit and more new models

One of the world's biggest light goods vehicle manufacturers has reported big profits and a boost in sales after an expansion of its range.

Nissan said its operating profit stood at $6.91 billion (£3.54 billion) and also revealed it has sold a record 3.77 million vehicles in the last 12 months.

Nissan produces LGVs such as the Cabstar and also launched a single-cab version of the Frontier Navara pickup truck last year.

Nissan president Carlos Ghosn said: "In a challenging and volatile environment, Nissan has demonstrated that it has reached the maturity to deliver a high level of performance."

LGV and van insurance customers could also be interested in details of the company's future plans, which include a drive to lead the development of zero-emission vehicles.

The company also said it expected to sell a further 3.9 million models over the next 12 months and added it was planning the launch of a further nine new models.ADNFCR-1036-ID-18591864-ADNFCR