Nissan targets 1-million-vehicle sales growth over next three years Reuters via biedexmarkets.com

© Reuters. FILE PHOTO: A Nissan logo is seen in a vehicle during the press day at the Los Angeles Auto Show in Los Angeles, California, U.S. November 17, 2022. REUTERS/Mike Blake/File Photo

ATSUGI, Japan (Reuters) – Nissan (OTC:) Motor said on Monday it would aim to sell 1 million more vehicles globally over the next three years, launching 30 new models by the fiscal year ending in March 2027.

Announcing an update to its medium-term business plan, Japan’s third-largest automaker by sales also said it would target an operating profit margin of over 6% and total shareholder returns of more than 30% by then.

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