Nissan Motor Co., Ltd.

Nissan to Appoint Volvo Trucks Dealers

Hanover (ots/PRNewswire) - Nissan announced today that it will appoint dealers from the Volvo owned dealer network in selected markets. The Nissan franchise for those dealers will include sales and after sales activities. The first phase of dealers will be appointed in Germany. Nissan does not intend to appoint Volvo dealers in markets like Spain, Italy and France, where it already enjoys a consolidated dealer network for the sales and service of its commercial vehicles. The Nissan line up of vehicles offered to the Volvo network will include the all-new Cabstar, new Atleon and new Interstar panel van, all ranging from 2.8 to 15 tons GVW and making their debut at the Hanover Motor Show today. The dealers will dedicate separate areas of their premises to the two makes and the two brands will maintain separate identities. "With four new products launched by the end of 2006, Nissan is now ready to increase its sales in Europe, and expanding quickly our dealer network is a further step toward ensuring success", said Dominique Correze, Vice President Nissan Europe LCV Business Unit. "Our new network strategy gives us the opportunity to choose some of the best dealers in Europe, with great commercial competence and impeccable service standards", said Correze. Nissan has identified the light commercial vehicle business as one of four breakthrough areas for the company under its Nissan Value-Up three-year business plan, which began in fiscal year 2005. Nissan set ambitious objectives for the LCV business, which are to double operating profit to 8% and grow its sales volumes by 40% to 434,000 units worldwide by fiscal year 2007. Giuseppe Cavallo Global Manager Communications Nissan Motor Co., Ltd. LCV Business Unit Mobile: +34-628-900-255 Desk: +34-93-290-7923 Gilles Gautherot Corporate Communications P: +33-1-30-13-67-67 Email: ggautherot@nissan-europe.com Web: www.nissaneurope-newsbureau.com ots Originaltext: Nissan Motor Co., Ltd. Im Internet recherchierbar: http://www.presseportal.ch Contact: Giuseppe Cavallo, Global Manager Communications, Nissan Motor Co., Ltd. LCV Business Unit Mobile: +34-628-900-255, Desk: +34-93-290-7923; Gilles Gautherot, Corporate Communications P: +33-1-30-13-67-67, Email: ggautherot@nissan-europe.com

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