Auto News » Nissan

TNT Logistics to double-shift Disney Store, Nissan vehicles

arnold — Thu, 01 Jan 1970 04:59:59 +0000

The Disney Store, the retail arm of media conglomerate The Walt Disney Company, has awarded TNT Logistics its UK distribution contract – and TNT is utilizing vehicles assigned to another customer to benefit both of its clients.

The TNT liveried vehicles which are used to deliver Nissan Renault spare parts to 450 dealerships throughout the UK at night will also be utilized to deliver merchandise to the 59 Disney stores in the UK during the day.

“Both clients are based at Magna Park in the Midlands and by maximizing the use of the vehicles, we are reducing costs for everyone,” said Rob McWhirter, managing director of business development for TNT Logistics UK. “We have worked with Nissan for more than 14 years and, as with all our clients, we continuously seek ways to improve both efficiency and service levels for them.”

For the Disney Store, TNT Logistics will make about 120 deliveries a week from January to October and then double that number in the run-up to Christmas. There are more than 4,500 product lines, delivered in roll cages, including soft toys, stationery, dress-up clothing and DVDs.

The operation, previously in-house, is run out of The Disney Store's European distribution center at Magna Park, where stock is also held for the company's other retail outlets throughout the rest of Europe.

“The operation provides significant service and cost benefits to The Disney Store,” said Nick Snelson, director of distribution operations for the retailer.

Nissan profits continue to rise despite slow domestic sales

arnold — Thu, 01 Jan 1970 04:59:59 +0000

Benefiting from strong overseas sales, Japanese auto firm Nissan Motor Company has reported consolidated net income of JPY518 billion ($4.6 billion) for fiscal 2006, up 1.1% on the previous year and a record for the sixth consecutive year.

“Nissan delivered a solid performance in fiscal 2005 despite the many challenges facing the global auto industry including higher raw material prices, higher energy costs, higher interest rates and higher incentives,” said Nissan president and CEO Carlos Ghosn. “Although we had few product introductions, we continued to grow our global sales driven by the attractiveness of our existing products and sound business fundamentals.”

Net revenues in for the year totaled JPY9.4 trillion ($83.2 billion), up 9.9% on 2005. Nissan sold a record 3,569,295 vehicles during the year. In the US, sales advanced 6.1% despite no new models to 1,075,097 units. In Japan, sales fell 0.7% to 842,062 units. In Europe, where sales are reported on a calendar-year basis, sales were down 0.6% to 540,945 units. Sales in general overseas markets, however, increased by 13%.

Commenting on the outlook for the current fiscal year, Mr Ghosn said 2006 would be a year of two distinct halves for Nissan, “In the first half, growth will be hard to achieve, but in the second half we have an intensive product launch offensive that will last through the remainder of Nissan Value-Up and beyond… Our second-generation products are especially attractive and competitive and I expect them to make significant contributions to our business development.”

Nissan will release a total of nine all-new models during fiscal 2006. Three will be launched in the US, including the all-new Altima, Sentra and Infiniti G35 sedans.

Nissan announces new plant in Russia

arnold — Thu, 01 Jan 1970 04:59:59 +0000

Japanese carmaker Nissan has revealed plans to invest $200 million in a new assembly plant in St Petersburg, Russia.

Should the plan receive approval from Russia’s Ministry of Economic Development and Trade, production will begin in 2009.

When fully operational, the plant will employ around 750 people and produce around 50,000 units per year. Nissan says the new facility will produce a variety of vehicles specifically adapted for the Russian market.

“The continued growth of the Russian market, and Nissan’s presence in that market, was a key factor in deciding to start local production,” said Colin Dodge, senior vice president for Nissan Europe.

“We are confident this plant will build upon Nissan’s reputation as an efficient and flexible manufacturer of high quality, attractive vehicles aimed at satisfying the needs of our Russian customers.”

Nissan cuts N.A. production by 18,000 units

arnold — Thu, 01 Jan 1970 04:59:59 +0000

Nissan North America Inc. will cut 18,000 vehicles from its production schedule to reduce inventories and prepare for 2007 model vehicles. Six production days will be cut from this month through July at two assembly plants, in Smyrna, Tenn.

Nissan sees parent profit jump to pay for dividend

arnold — Thu, 01 Jan 1970 04:59:59 +0000

TOKYO (Reuters) — Nissan Motor Co. on Wednesday estimated its parent-only net profit jumped 135 percent in the business year ended last month to account for the receipt of funds from its U.S.

Nissan Chief Says Rebates Need to Stop

arnold — Thu, 01 Jan 1970 04:59:59 +0000

Carlos Ghosn urged his fellow auto executives on Wednesday to wean themselves from costly incentives.

GT-R will be sold in U.S. with Nissan badge

arnold — Thu, 01 Jan 1970 04:59:59 +0000

Nissan Motor Co. will sell the high-performance GT-R sports car as a Nissan in the United States, not an Infiniti. The car is due in the United States in 2008, about a year after a redesigned version goes on sale in Japan in fall 2007.

Nissan sells stake in Nissan Diesel to Volvo AB

arnold — Thu, 01 Jan 1970 04:59:59 +0000

TOKYO — Swedish truck maker Volvo AB is buying a 13 percent stake in truck maker Nissan Diesel Motor Co. from Nissan Motor Co. Ltd. for $195 million, the automaker said Tuesday, March 21. Nissan Motor Co.

Nissan opens research facility in China

arnold — Thu, 01 Jan 1970 04:59:59 +0000

TOKYO (Reuters) — Nissan Motor Co.’s Chinese joint venture opened a technical center on Monday, saying localization of the development process would help it sharpen its competitive edge in the fast-growing market.

Nissan Europe plans sales split from Renault

arnold — Thu, 01 Jan 1970 04:59:59 +0000

Hit by declining sales in western Europe, Nissan is separating its sales and marketing operations from alliance partner Renault.