
Nissan has launched its Arc business plan that will allow the auto company go further and faster, driving value and strengthening their competitiveness globally.
The Arc is positioned between the Nissan NEXT transformation plan running from fiscal year 2020 through fiscal year 2023. This is in accordance with Nissan’s 2030 long haul vision.
The new plan is split into mid-term imperatives for fiscal years 2024 through 2026, and mid-long-term actions to be carried out through 2030.
Nissan will first implement a tailored regional strategy to ensure volume growth and prepare for an accelerated transition to EVs, supported by a balanced product portfolio of electrified and internal combustion engine products, volume growth in major markets, and firm financial discipline.
Volvo Cars Delivered A Strong Second Quarter Performance In 2024
Through these initiatives, Nissan aims to lift annual sales by 1 million units and increase its operating profit margin to more than 6%, both by the end of fiscal year 2026.
This will pave the way for the second part of the plan aimed to enable the EV transition and realize long-term profitable growth, supported by smart partnerships, enhanced EV competitiveness, differentiated innovations and new revenue streams.
By fiscal year 2030, Nissan sees a revenue potential of 2.5 trillion yen from new business opportunities.