Under its Power 88 strategy, Nissan is targeting 8% global market share with a consistent operating profit of 8% or more by the end of FY2016.

The manufacturer says strong sales are expected in 2013, led by the NV200, which will hit 200,000 cumulative sales by the end of fiscal year 2013.

Overall Nissan's LCV sales were 1.14 million units in FY2012. The number of units sold topped one million for the first time in FY2011, putting Nissan a full year ahead of the Power 88 mid-term plan's target for LCV sales.

‘Our ambition to become a global LCV player has been achieved. Our target now is to be the world's leading LCV manufacturer by 2016,’ said Hideto Murakami, corporate vice president in charge of Nissan's Global LCV Business Unit.