Friday, June 29, 2012
Tuesday, June 26, 2012
NISSAN ANNOUNCES VEHICLE RECYCLING RESULTS FOR FY2011
YOKOHAMA, Japan (June 1, 2012) - Nissan Motor Co., Ltd., today shared the progress report on its recycling/recovery efforts in Japan for fiscal year 2011 (April 2011 to March 2012). Nissan announced its recovery results for Automobile Shredder Residue (ASR), airbag-related products and fluorocarbons recovered from end-of-life vehicles (ELVs) in accordance with the Japan Automobile Recycling Law*1.
In FY2011, Nissan recovered 94,692.0 tons of the 101,288.3 tons of ASR collected from 476,628 vehicles - an amount that represents a recovery ratio of 93.5%. The Japan Automobile Recycling law stipulates an ASR target of a 70% recovery rate by 2015. The recovery ratio for ELVs (actual value) stands at 98.8%*2.
Nissan recovered 1,168,299 airbag-related products from 367,456 vehicles through recovery processing and on-board deployment operations*3. The airbag recycling ratio stood at 93.8%, exceeding the legal requirement of 85%. A total of 125,765.161 kg of fluorocarbons collected from 430,846 vehicles was processed.
The cost of the recycling efforts for these specified materials amounted to 4,823,211,460 yen. Recycling fees and income generated from the fund for vehicle recycling totaled 5,266,809,996 yen, contributing to a net surplus of 443,598,536 yen. From FY2004 to FY2011, the total cost of recycling operations led to a net surplus of 1,443,414,618 yen, an amount that is equivalent to 340 yen per vehicle. For the mid- and long-term forecast, Nissan anticipates the cost of recycling operations to stabilize.
Consistent with the Nissan Green Program 2016, the company will continue with its efforts to improve its ELV recovery rate, aiming to achieve a top-level ELV recovery rate.
*1: The Japan Automobile Recycling Law: Article 27.2 of Automobile Recycling Law and Article 29 of Enforcement Regulations (Law Concerning Recycling Measures of End-of-life Vehicles).
*2: Basis for calculation: Nissan's recovery ratio for ELVs (actual value) stood at 81.6%, according to materials distributed in May 2003 by the government. The balance of 18.4% represents ASR recovery. At an 81.6% recovery rate for ASR (18.4%), the combined effective recovery rate is calculated at 98.8%. Recovery Rate 98.8% = 81.6%+ (18.4% x 93.5%).
*3: On-board deployment operations: One of the methods for airbag recycling is when airbags are left on the vehicle to be activated.
In FY2011, Nissan recovered 94,692.0 tons of the 101,288.3 tons of ASR collected from 476,628 vehicles - an amount that represents a recovery ratio of 93.5%. The Japan Automobile Recycling law stipulates an ASR target of a 70% recovery rate by 2015. The recovery ratio for ELVs (actual value) stands at 98.8%*2.
Nissan recovered 1,168,299 airbag-related products from 367,456 vehicles through recovery processing and on-board deployment operations*3. The airbag recycling ratio stood at 93.8%, exceeding the legal requirement of 85%. A total of 125,765.161 kg of fluorocarbons collected from 430,846 vehicles was processed.
The cost of the recycling efforts for these specified materials amounted to 4,823,211,460 yen. Recycling fees and income generated from the fund for vehicle recycling totaled 5,266,809,996 yen, contributing to a net surplus of 443,598,536 yen. From FY2004 to FY2011, the total cost of recycling operations led to a net surplus of 1,443,414,618 yen, an amount that is equivalent to 340 yen per vehicle. For the mid- and long-term forecast, Nissan anticipates the cost of recycling operations to stabilize.
Consistent with the Nissan Green Program 2016, the company will continue with its efforts to improve its ELV recovery rate, aiming to achieve a top-level ELV recovery rate.
*1: The Japan Automobile Recycling Law: Article 27.2 of Automobile Recycling Law and Article 29 of Enforcement Regulations (Law Concerning Recycling Measures of End-of-life Vehicles).
*2: Basis for calculation: Nissan's recovery ratio for ELVs (actual value) stood at 81.6%, according to materials distributed in May 2003 by the government. The balance of 18.4% represents ASR recovery. At an 81.6% recovery rate for ASR (18.4%), the combined effective recovery rate is calculated at 98.8%. Recovery Rate 98.8% = 81.6%+ (18.4% x 93.5%).
*3: On-board deployment operations: One of the methods for airbag recycling is when airbags are left on the vehicle to be activated.
Thursday, June 21, 2012
Review
I would like to thank George Zink and the Management team for their assistance with the purchase of my 2000 Volvo. They went above and beyond to make sure that I got the deal that I wanted. I will recommend Haldeman Nissan to my friends and family.