Nissan to trim global car lineup, boost use of AI driving tech [Yahoo! Finance]
NISSAN MOTOR LTD S/ADR (NSANY)
US:NASDAQ Investor Relations:
nissan-global.com/en/ir
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Source: Yahoo! Finance
ones and seek to deploy its artificial intelligence driving technology ?across 90% of its lineup over the long term. The company said in a statement its ambition was to reach annual sales of 1 million vehicles in both the United ?States and China ?by the 2030 financial year and grow its annual sales volume in Japan to 550,000 ?cars by that time. Nissan said it will give an update on the progress of its restructuring plan when it ?reports ?full-year financial results next month ?and announce further elements ?of its strategic direction later in the year. Japan's fourth-biggest automaker said it will establish exports as a strategic pillar in China, shipping its N7 electric sedan to Latin America and ASEAN, and its Frontier Pro pickup truck ?to the Middle East in ?addition to those markets. The company will ?aim to produce ?more vehicles in the U.S. by raising ?its local production rate to ?80% over time ?from around 60% currently, and revitalise its Infiniti luxury brand by int
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