Business Chief APAC+ANZ Magazine December 2018 | Page 71

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03 Nissan Motor Co .

Headquartered in Yokohama , the Nissan Motor Co . Ltd . produces , distributes and sells automobiles and automotive parts as well as marine equipment . The company announced plans in June to increase its share in the Indian car market from its current 1.6 % to 5 % by 2020 . This growth is expected to offset slight decreases in the European car market , where the company ’ s sales have dropped from 58,301 units to 56,234 annually . This year , Nissan Motor has experienced its highest profit growth in 10 years , with net earnings rising from $ 4.5bn to $ 7.4bn . Its asset portfolio also grew to $ 173.7bn . www . nissan-global . com
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