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4-Traders Homepage  >  Equities  >  Tokyo  >  Nissan Motor Co Ltd    7201   JP3672400003

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Nissan Motor : Extends $10,000 Incentive to Sept. 30 for SRP Customers on the All-Electric 2017 LEAF

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08/18/2017 | 01:29pm CEST

TEMPE, Ariz., Aug. 17 -- The Salt River Project issued the following news release:

Salt River Project is pleased to announce that Nissan North America has extended its incentive program to offer SRP customers the opportunity to purchase a 2017 Nissan LEAF from a participating Maricopa County dealership at a discounted rate. The deal, which has been extended to Sept. 30, has resulted in record LEAF sales for Arizona.

Arizona has been ranked fifth in the nation for LEAF sales in July as more of the electric vehicles were sold last month than in the previous four months combined. The incentive to SRP customers began July 1.

"Our customers are clearly excited about what an electric vehicle can offer them," said Kelly Barr, SRP senior director of environmental management and chief sustainability and compliance executive. "We are excited to work with Nissan to offer our customers an opportunity to invest in an electric vehicle that will save them money while helping the environment."

Through a group-purchase program, Nissan will provide a $10,000 incentive to eligible SRP customers who purchase the all-electric LEAF - with the added potential for a $7,500 federal tax credit.

To participate in Nissan's incentive program, SRP customers must present the discount code, along with a copy of the customer's SRP utility bill or e-bill, to a participating dealership. To access the discount code and dealership list, visit SRPnet.com/evoffer. This incentive program is a limited offer until Sept. 30, while supplies last, and may be subject to additional limitations and eligibility requirements. Nissan is responsible for paying all incentives.

Investing in an electric vehicle can result in real savings, improved efficiency and a cleaner environment, Barr said. Driving an electric vehicle can provide access to the HOV lane and save you money in several different ways such as fuel costs, vehicle license fees and maintenance costs.

SRP residential customers who purchase or lease a qualified electric vehicle are eligible to join the SRP EV Community, where they can receive updated industry research, news and information by logging on to srpnet.com/ev. They can also learn more about saving money by charging their vehicles during lower-priced, off-peak hours through the SRP EV Price Plan at srpnet.com/evpriceplan.

Customers may calculate their savings from switching to an all-electric vehicle at srp.wattplan.com/ev. Find out where the closest plug-in stations are near you by visiting plugshare.com.

Targeted News Service, source News Service

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Financials ( JPY)
Sales 2018 12 052 877 M
EBIT 2018 -
Net income 2018 591 254 M
Debt 2018 5 185 899 M
Yield 2018 4,81%
P/E ratio 2018 7,39
P/E ratio 2019 6,96
EV / Sales 2018 0,81x
EV / Sales 2019 0,80x
Capitalization 4 631 350 M
Duration : Period :
Nissan Motor Co Ltd Technical Analysis Chart | 7201 | JP3672400003 | 4-Traders
Technical analysis trends NISSAN MOTOR CO LTD
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus HOLD
Number of Analysts 21
Average target price 1 329  JPY
Spread / Average Target 20%
EPS Revisions
Hiroto Saikawa Vice Chairman, President & Chief Executive Officer
Carlos Ghosn Bichara Chairman
Joseph G. Peter CFO, Head-Investor Relations & Accounting
Celso Guiotoko Chief Information Officer
Takao Asami Senior Managing Executive Officer & Head-Research
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