, YOKOHAMA, Japan
INFINITI TO ESTABLISH GLOBAL HEADQUARTERS IN HONG KONG
– Nissan to create new global office for corporate functions –
Nissan Motor Co., Ltd. today announced that Infiniti will locate its new global headquarters in Hong Kong.
The move comes as Infiniti seeks to lift total global sales to 500,000 vehicles a year, as part of Nissan’s six-year mid-term business plan, Nissan Power 88.
Infiniti’s growth strategy is expected to be driven partly by demand in China and other fast-growing Asian markets, which can be served more effectively by consolidating Infiniti’s global downstream functions in Hong Kong. The brand’s new headquarters will be co-located with Nissan Global Company Limited (NGL), the new corporate entity.
“As Infiniti grows its presence in the global luxury markets of North America, Europe, China and South East Asia, we selected Hong Kong as the optimum location for our new global Infiniti headquarters,” said Andy Palmer, Executive Vice President, Nissan Motor Co., Ltd. “We see an opportunity to reinforce Asian hospitality within the Infiniti brand, distinct from both Nissan and our facing luxury competitors. We are proud to be the only automaker that will call Hong Kong home,” he added.
Co-located with the Infiniti headquarters, Nissan’s new corporate facility in Hong Kong will start operations in April 2012.
Under the NGL structure, Nissan corporate functions based in the city will play an important role in realizing the strategic objectives outlined in Nissan Power 88.
Functions handled from Hong Kong will include parts of Nissan’s Global Marketing Communications function. Hong Kong’s status as an international media center makes it a logical location for members of the global marketing communications team, particularly serving key markets across China, India and the ASEAN region.
Details of the new office location in Hong Kong will be disclosed at a later date. Corporate functions located in the city, expected to involve about 100 staff, will complement the global headquarters operation in Yokohama, Japan.
Nissan Motor Co., Ltd., Japan’s second-largest automotive company, is headquartered in Yokohama, Japan, and is part of the Renault-Nissan Alliance. Operating with more than 248,000 employees globally, Nissan provided customers with more than 4.1 million vehicles in 2010, generating revenue of 8.77 trillion yen ($102.37 billion US). With a strong commitment to developing exciting and innovative products for all, Nissan delivers a comprehensive range of 64 models under the Nissan and Infiniti brands. A pioneer in zero-emission mobility, Nissan made history with the introduction of the Nissan LEAF, the first affordable, mass-market, pure-electric vehicle and winner of numerous international accolades, including the prestigious 2011 European Car of the Year award and 2011 World Car of the Year.
For more information on our products, services and commitment to sustainable mobility, visit our website at
For more information, contact:
Nissan Motor Co., Ltd. (Japan)
http://www.nissan-newsroom.com/EN/ (For media)
http://www.nissan-global.com/EN/IR/ (For IR)