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Establishment of Forklift National Sales Company in Shanghai

Tokyo -- Nissan announced establishment of the National sales company specializing in the sales of forklift and material handling equipment in China.  The company, a 100 percent subsidiary of Nissan Motor Co., Ltd, is fully operational.

In responding to the fast-growing forklift market in China, the new company which have facilities to stock repair parts as well as service center, will:

  1. Enable facilitated delivery of products and repair parts
  2. Provide transfer of technological expertise to its network of dealers
  3. Consistently aim to provide best customer support services to Nissan's forklift users in China

Starting April of this year, Nissan has been operating globally under the Nissan 180 growth plan that aims by the end of 2004 to 1)1 million additional units sales worldwide, 2) 8% operating margin and 3) net automotive debt at the end FY04.  Nissan intends to grow Forklift business as well.

Outline of the company
Name : Nissan Forklift (Shanghai) Ltd.
Tel & Fax : 021-6840-5523  /  021-6840-5388
Address : RM.2707, No.357, Songlin Road, Pudong, Shanghai, P.R. China
Representative : Mikio Saido
Product Lineup : Forklifts, Material Handling Equipment Industrial Engine/Transmission, and repair parts.

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