Nissan targets 8 percent global market share within 6 years

RetailReuters

YOKOHAMA, Japan (Reuters) - Nissan Motor Co <7201.T> said on Monday it would aim for a global market share of 8 percent by the year ending in March 2017 and wants to boost its operating profit margin also to 8 percent in the same period.

As part of its midterm business plan released on Monday, the company said it aims to release a new vehicle on average once every six weeks over six years.

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Chief Executive Carlos Ghosn has led Nissan through four growth plans since arriving from partner Renault SA <RENA.PA> in 1999, turning the near-bankrupt company into one of the most profitable in the auto industry.

(Reporting by Chang-Ran Kim; Editing by Chris Gallagher)