Nissan 180 was the next major plan of Nissan's restructuring efforts. Initiated in 2001, after the success of the Nissan Revival Plan (NRP), which put the company back to profitability after years of accumulated debt in the late 1990s. Carlos Ghosn, CEO and President of Nissan appointed by Renault (In 1999, the company invested $5.4 billion in Nissan in exchange for a 36% ownership), announced NRP's objectives have been achieved and Nissan 180 would be the next phase.
What Is 180?
The numerical figures in 180 are actually the company's targets
- 1 - Additional sales of 1 million cars
- 8 - Achieve operating margins of 8 percent.
- 0 - Zero automotive debts
After 180
After 180, the next phase for the company will be Nissan Value Up .
Last updated: 10-11-2005 05:53:18