Infiniti
Infiniti (Japanese: インフィニティ Infiniti) is the luxury vehicle division of Japanese automaker Nissan Motor Company. Infiniti officially started selling vehicles on November 8, 1989 in North America. The marketing network for Infiniti-branded vehicles now includes over 230 dealers in over 15 countries.
The marque is not used in Japan and the automaker markets most of equivalent Infiniti models domestically as Nissans: Infiniti G as the Nissan Skyline sedan and coupe, Infiniti M as the Nissan Fuga, Infiniti EX as the Nissan Skyline crossover, and Infiniti Q45 as the Nissan Cima. The Infiniti FX has no Nissan equivalent and is not sold in Japan. The first generation Infiniti Q45 was sold as the Nissan Infiniti Q45 in Japan.
In 2012, Infiniti moved its global headquarters from the Nissan corporate building in Yokohama and incorporated in Hong Kong as Infiniti Global Limited, with Carlos Ghosn intending for Infiniti to have a greater focus on the burgeoning luxury market in Hong Kong along with mainland China. Johan de Nysschen, former CEO of Audi of America was appointed to head the Infiniti division.
In mid 2013 Infiniti announced their Q30 Concept car would get its world premiere at the 2013 Frankfurt Motor Show, a move which will see Infiniti start an aggressive strategy to extend the Infiniti brand into new premium segments.
The marque is not used in Japan and the automaker markets most of equivalent Infiniti models domestically as Nissans: Infiniti G as the Nissan Skyline sedan and coupe, Infiniti M as the Nissan Fuga, Infiniti EX as the Nissan Skyline crossover, and Infiniti Q45 as the Nissan Cima. The Infiniti FX has no Nissan equivalent and is not sold in Japan. The first generation Infiniti Q45 was sold as the Nissan Infiniti Q45 in Japan.
In 2012, Infiniti moved its global headquarters from the Nissan corporate building in Yokohama and incorporated in Hong Kong as Infiniti Global Limited, with Carlos Ghosn intending for Infiniti to have a greater focus on the burgeoning luxury market in Hong Kong along with mainland China. Johan de Nysschen, former CEO of Audi of America was appointed to head the Infiniti division.
In mid 2013 Infiniti announced their Q30 Concept car would get its world premiere at the 2013 Frankfurt Motor Show, a move which will see Infiniti start an aggressive strategy to extend the Infiniti brand into new premium segments.
Founded
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1989
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Headquarters
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3 Garden Road, Central, Hong Kong
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Key people
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Johan de Nysschen, CEO, Senior Vice
President of Nissan Motors
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Parent
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Nissan Motor Company
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Website
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History
The beginning
1990-1993 Infiniti Q45 |
The Infiniti brand was introduced in the United States in 1989. The marketing strategy was to target the premium vehicle segments in the United States that would not have otherwise fit in with Nissan's more mainstream image, and partially influenced by the Plaza Accord of 1985. The brand was created around the same time as Japanese rivals Toyota and Honda developed their Lexus and Acura premium brands. The Japanese government imposed voluntary export restraints for the U.S. market, so it was more profitable for automakers to export more expensive cars to the U.S.
The Infiniti marque was launched with two models, the Q45, and the M30. The Q45 was based on the all new second generation JDM Nissan President on a five millimeter shorter wheelbase platform at 2,875 mm (113.2 in). Starting with model year 1992, the wheelbase matched the President's wheelbase at 2880 mm (113.4 in). The Q45 included a 278 hp (207 kW; 282 PS) V8 engine, four wheel steering, and active suspension system offered on the first generation Q45t. The car's features would have made it competitive in the full-sized "luxury" segment against the Mercedes S-Class, BMW 7 Series, Jaguar XJ and Cadillac Fleetwood.
The Infiniti marque was launched with two models, the Q45, and the M30. The Q45 was based on the all new second generation JDM Nissan President on a five millimeter shorter wheelbase platform at 2,875 mm (113.2 in). Starting with model year 1992, the wheelbase matched the President's wheelbase at 2880 mm (113.4 in). The Q45 included a 278 hp (207 kW; 282 PS) V8 engine, four wheel steering, and active suspension system offered on the first generation Q45t. The car's features would have made it competitive in the full-sized "luxury" segment against the Mercedes S-Class, BMW 7 Series, Jaguar XJ and Cadillac Fleetwood.
1990 Infiniti M30 |
A second model was introduced in 1990, the 2-door M30, a badge engineered Nissan Leopard. It remained in production for three years as an alternative to the Lexus SC. The powertrain was the VG30E 162 hp (121 kW; 164 PS) engine and an automatic transmission. The M30 coupe was underpowered for its stock weight of 3,333 lb (1,512 kg). The M30 convertible weighed even more, due to the required body and chassis reinforcements. The appearance of the M30 had almost no resemblance to the larger Q45, and the interior was almost completely different.
Infiniti did not offer an mid-luxury sedan to match the first Japanese luxury sedan introduced to North America, the Acura Legend, which was later joined by the Lexus GS. Infiniti's first offering in the entry-level luxury segment was the Infiniti J30, which had to compete with the revised 1992 Lexus ESwhich was much more successful than the J30. There were market-driven requests for Nissan to introduce the very successful Nissan Skyline, Nissan Laurel, or the newly created Nissan Cefiro as an alternative to the Lexus ES or the Legend, but Nissan hesitated until 2003 when the Skyline finally arrived in North America as the Infiniti G.
The Infiniti badge is a stylized representation of a road extending into the horizion, stretching to "Infiniti".
Infiniti did not offer an mid-luxury sedan to match the first Japanese luxury sedan introduced to North America, the Acura Legend, which was later joined by the Lexus GS. Infiniti's first offering in the entry-level luxury segment was the Infiniti J30, which had to compete with the revised 1992 Lexus ESwhich was much more successful than the J30. There were market-driven requests for Nissan to introduce the very successful Nissan Skyline, Nissan Laurel, or the newly created Nissan Cefiro as an alternative to the Lexus ES or the Legend, but Nissan hesitated until 2003 when the Skyline finally arrived in North America as the Infiniti G.
The Infiniti badge is a stylized representation of a road extending into the horizion, stretching to "Infiniti".
1990s
In 1991 Infiniti introduced a third model, the Infiniti G20, based on the Nissan Primera, essentially a badge engineered version of the Nissan Pulsar with a leather interior package and the SR20DE DOHC 150 bhp (112 kW; 152 PS) engine with multi-port fuel injection for improved performance.1992 Infiniti J30 |
For the 1993 model year, Infiniti introduced a four-door coupé J30 with only one engine option, the 210 hp (157 kW; 213 PS) VG30DE. This engine was from the 222 hp (166 kW; 225 PS) 300ZX, the JDM Nissan Cedric, Nissan Gloria and the Nissan Cima, and was the North American version of the third generation JDM Nissan Leopard.
Infiniti sales were slow. The company's initial campaign aimed to bring about brand awareness with Zen-influenced spots that focused on nature and tranquility, without showing the actual cars. Designers decided not to adorn the interiors with wood accents and chrome brightwork, opting instead for a monochrome appearance focusing on padded leather and vinyl throughout. Some buyers had faux wood appliques added to areas surrounding the center console and around the interior door handles. The only item that had a bright appearance was the centrally installed analog clock in all models, a design that is maintained by the designers.
2002 Infiniti G20 |
By the mid-1990s, Infiniti was lagging behind Lexus and Acura in sales. The Q45 had retreated considerably from its focused, taut rendition of a sporty full-size luxury sedan, having become a barely recognizable, ponderously handling sedan that earned the nickname "The Japanese Lincoln". In 1999, Infiniti revived the G20, based on the discontinued JDM Nissan Primera, a compact sport sedan whose production was halted for 1998 in Europe and Japan. The second generation G20 was marketed as a competitor to European entry-level luxury sport sedans, but it now weighed more than the first generation version. Because Infiniti continued to use the SR20DE four-cylinder engine and compact size, it fell short of sales expectations. The G20 was also marketed primarily to the wrong demographic, that being middle-aged professional women, and as such it was not as popular new as its main competition, the similarly priced Acura Integra.
In 1997, Infiniti released the QX4, modifying and adding premium accommodations to the Nissan Pathfinder rather than the larger Nissan Safari. This made Infiniti one of the first makers (apart from SUV specialists, Jeep and Land Rover) to offer a mid-sized luxury-type SUV, predating the release of theLexus RX 300, Acura MDX and the Mercedes-Benz ML320. The QX4 was released after Acura's introduction of the larger SLX (a rebadged Isuzu Trooper) and the Lexus LX (a rebadged Toyota Land Cruiser). Like a traditional SUV, it was based on a truck platform giving it a competitive edge for its off-roading abilities.
In 1997, Infiniti released the QX4, modifying and adding premium accommodations to the Nissan Pathfinder rather than the larger Nissan Safari. This made Infiniti one of the first makers (apart from SUV specialists, Jeep and Land Rover) to offer a mid-sized luxury-type SUV, predating the release of theLexus RX 300, Acura MDX and the Mercedes-Benz ML320. The QX4 was released after Acura's introduction of the larger SLX (a rebadged Isuzu Trooper) and the Lexus LX (a rebadged Toyota Land Cruiser). Like a traditional SUV, it was based on a truck platform giving it a competitive edge for its off-roading abilities.
1997-2000 Infiniti QX4 |
2000s
By 2000, large Japanese companies were feeling the effect of the Japanese asset price bubble, and the reduced desirability of Infiniti's led to its facing extinction. The company rededicated itself to developing a dynamic and powerful line-up of sporty luxury cars. This coincided with parent company Nissan entering into a merger with Renault under the direction of Carlos Ghosn and the Nissan Revival Plan. Car and Driver reported that Infiniti executives invited members of the motoring press to a meeting where they "swore never again to take their eyes off BMW." Although this effort began with a completely redesigned Q45 flagship for the 2002 model year, it was the G35 that helped improve Infiniti sales in 2003. In Japan, Nissan had a well established reputation with premium level performance sedans after Nissan acquired the Prince Motor Company and integrated the Nissan Skyline, Nissan Laurel and Nissan Gloria, originally Prince vehicles, in 1966-1968. A sports sedan replacing its Nissan Primera-based predecessor (the G20), the Nissan Skyline-based Infiniti G35, was successful after it was voted Motor Trend Car of the Year in 2003.2002-2003 Infiniti I35 |
2006 Infiniti FX |
Nissan Motors President and CEO, Carlos Ghosn, developed a business strategy to break Infiniti away from its Nissan roots. The G series helped re-define Infiniti as the "Japanese BMW", as it was aimed directly at the BMW 3 Series of sedans and coupes. The M35/M45 garnered acclaim from the automotive press, winning an eight-car comparison test in Car and Driver, and the model was named the best luxury sedan by Consumer Reports. The M45 model featured the same engine as the Q45, and the M45 became the flagship model after the Q45 was discontinued. The Infiniti M (2003–2005) and the Infiniti G (starting in 2003) were known in Japan as the Nissan Gloria and the Nissan Skyline.
For the 2007 model year a redesigned version of the G35 sedan was introduced, followed in 2008 by a new version of the company's G coupe, the G37. The coupe was first unveiled at the New York International Auto Show. Also released in 2008 was new Infiniti EX35 compact crossover, Infiniti's entry into the compact luxury crossover market. The EX shared the G35's 3.5 liter, 306 hp (228 kW), V6 engine.
For the 2007 model year a redesigned version of the G35 sedan was introduced, followed in 2008 by a new version of the company's G coupe, the G37. The coupe was first unveiled at the New York International Auto Show. Also released in 2008 was new Infiniti EX35 compact crossover, Infiniti's entry into the compact luxury crossover market. The EX shared the G35's 3.5 liter, 306 hp (228 kW), V6 engine.
2008 Infiniti G37 Sport |
2010s
Infiniti M56 |
Carlos Ghosn unveiled the Infiniti M at a hotel in Los Angeles. It shares the VQ37VHR from the Infiniti G, and Nissan 370Z. Featured are new powertrains: the 5.6 L V8 (VK56VD) with VVEL, Gasoline direct injection, the Nissan-Renault V9X Engine V6 Turbo Diesel (only for Europe), and the newly developed hybrid that will include one electric motor and two clutches to allow the gas engine and electric motor to drive the rear wheels simultaneously. The lithium-ion battery pack will come from the Infiniti Essence.
At the 2010 Geneva Motor Show, Infiniti launched a new powertrain for Europe, with the new V9X Engine engine developed by the Renault-Nissan Alliance. The new engine is used in the Infiniti FX, Infiniti EX, and the new Infiniti M. The new Infiniti M made its European debut at the show.
In August 2010 Infiniti unveiled its new performance division named Infiniti Performance Line, or IPL.
In 2011, Infiniti chose to sponsor the Renault engines for Red Bull Racing for the 2011 Formula One season.
In August 2013 Infiniti announced that Simone Piattelli Palmarini would take up the role as Head of Public_Relations for Infiniti EMEA. Known to many in the media, Simone had previously worked for Pirelli and Ferrari.
At the 2010 Geneva Motor Show, Infiniti launched a new powertrain for Europe, with the new V9X Engine engine developed by the Renault-Nissan Alliance. The new engine is used in the Infiniti FX, Infiniti EX, and the new Infiniti M. The new Infiniti M made its European debut at the show.
In August 2010 Infiniti unveiled its new performance division named Infiniti Performance Line, or IPL.
In 2011, Infiniti chose to sponsor the Renault engines for Red Bull Racing for the 2011 Formula One season.
In August 2013 Infiniti announced that Simone Piattelli Palmarini would take up the role as Head of Public_Relations for Infiniti EMEA. Known to many in the media, Simone had previously worked for Pirelli and Ferrari.
Brand repositioning
As of 2011, the G Series (consisting of the sedan, coupe, and convertible) accounts for 60% of sales. This has been attributed to their SUVs (including crossovers) which have been seen as determinedly aimed at the narrowest of niches, a lost opportunity as SUVs are popular in the U.S. market. In contrast, at archrival Lexus, SUVs contributed half of the sales volume. In 2011, Infiniti sales fell, while other import luxury vehicles were doing well. Furthermore, Infiniti's performance over practicality emphasis has resulted in its crossovers and SUVs faring poorly among women compared to offerings from Acura and Lexus.
Infiniti JX35 |
Nissan announced the return of front-wheel drive to the Infiniti lineup on August 30, 2011 with the release of the Infiniti JX. It will join Toyota's Lexus brand in terms of blending front-wheel drive and rear-wheel drive vehicles again; since its inception in 1990 Lexus has had front-wheel drive platforms underpinning entry-level vehicles like the Lexus ES and Lexus RX. More importantly, the JX was meant to give Infiniti a credible rival to the Acura MDX and BMW X5 crossovers that offer optional three-row seating.
On 17 December 2012, Infiniti announced a new product nomenclature scheme where all sedans and coupes will carry a "Q" prefix while all crossovers and SUVs will carry a "QX" prefix. Instead of numbers indicating engine displacement after the prefix, the two digits will be used to indicate where in the brand's hierarchy the model falls. The first model to follow this scheme will be the upcoming Q50, which replaces the G sedan. The rest of the line will be transitioned to the new scheme by the 2014 model year.
On 17 December 2012, Infiniti announced a new product nomenclature scheme where all sedans and coupes will carry a "Q" prefix while all crossovers and SUVs will carry a "QX" prefix. Instead of numbers indicating engine displacement after the prefix, the two digits will be used to indicate where in the brand's hierarchy the model falls. The first model to follow this scheme will be the upcoming Q50, which replaces the G sedan. The rest of the line will be transitioned to the new scheme by the 2014 model year.
United States sales by calendar year
Year
|
U.S. sales
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2002
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87,911
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2003
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118,655
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2004
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130,980
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2005
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136,401
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2006
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121,416
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2007
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127,038
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2008
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112,989
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2009
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81,089
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2010
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103,411
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2011
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98,461
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2012
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119,877
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Models
Infiniti's model name designation includes one letter for coupés and sedans (two letters for SUVs) and a number reflecting engine displacement. For example, the QX56 is an SUV featuring a 5.6 L engine. An exception to this was the QX4 SUV, which featured a 3.3 L engine (1997–2000) and later a 3.5 L engine (2001–2003). An "x" following the engine displacement of Infiniti sedans denotes an all wheel drive model (e.g. Infiniti G35x), "s" denotes a sport package, "h" denotes a hybrid model, "d" denotes a diesel model (e.g. M30d) and a "t" for a Touring model (older models only).
In 2013, Infiniti's model designation will change to the coupes and sedans starting with the letter Q (SUVs and crossovers will start with the letters QX) and a number reflecting the model's place in the brand lineup. For instance, the M sedan will become the Q70 while the G sedan will be replaced with the Q50; meanwhile, the QX56 will become the QX80 while the EX will become the QX50.
In 2013, Infiniti's model designation will change to the coupes and sedans starting with the letter Q (SUVs and crossovers will start with the letters QX) and a number reflecting the model's place in the brand lineup. For instance, the M sedan will become the Q70 while the G sedan will be replaced with the Q50; meanwhile, the QX56 will become the QX80 while the EX will become the QX50.
Current
Most Infiniti coupes, sedans and crossovers are based on the Nissan FM platform. The center of the engine is placed behind the front wheels. The exceptions are the QX56 full-size SUV that rides on the Nissan F-Alpha platform and the JX crossover that rides on the Nissan D platform.
- Infiniti G (G35/G35x sedan, G37 sedan/coupe/convertible/G37x sedan, IPL coupe/convertible)
- Infiniti M (M25, M30d, M35h, M37/M37x AWD and M56/M56x AWD variations, all sedans)
- Infiniti EX (EX30d and EX37 in Europe)
- Infiniti FX (FX30d, FX35, FX37 and FX50 variations)
- Infiniti QX56 (SUV)
- Infiniti JX (CUV)
Discontinued
- Infiniti G (sedan), G25 (sedan) and G35 (coupe and sedan)
- Infiniti M30 (coupe and convertible) and M35/M45 (sedan)
- Infiniti QX4 (SUV)
- Infiniti J30 (sedan)1
- Infiniti I30 and I35 (sedan)
- Infiniti Q45 (sedan)
Concept vehicles
- Infiniti Triant (2003)
- Infiniti Kuraza (2005)
- Infiniti Essence (2009)
- Infiniti Etherea (2011)
- Infiniti Emerg-e (2012)
- Infiniti LE (2012)
List of Infiniti car models
Category
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Models
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Current models
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Q50, G37C (Q60), M37/M56 (Q70), EX35/EX37 (QX50), JX35 (QX60), FX35/FX37/FX50 (QX70), QX56 (QX80)
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Historic models
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M30, G35C, G37C, G20,
G35, G25/G35/G37, I30, I30/I35, J30, M45, M35/M45, M37/M56, Q45, EX35/EX37,
FX35/FX45, FX35/FX50, JX35, QX4, QX56
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Concept cars
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Triant, Kuraza,
Essence, Etherea, Emerg-e, LE
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Future cars
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Next gen Infiniti G,
Zero emissions vehicle
|
|
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Infiniti Performance Line
In August 2010, Infiniti unveiled its new performance division named Infiniti Performance Line, or IPL.Motorsports
Infiniti Indy car next to a production Q45 |
Sebastian Vettel testing at Jerez for Infiniti Red Bull Racing |
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Question 1
Which of the following statements concerning the role of a non-executive director (NED) is correct?
A. Individual NEDs should be on at least five boards if possible so as to give them wide experience.
B. NEDs are not responsible for determining executive directors' remuneration.
C. NEDs should satisfy themselves on the integrity of financial information and should develop the
control systems to ensure that integrity is maintained.
D. NEDs have a key role in removing executive directors.
Answer: D
Question 2
Which of the following statements concerning the role of the Audit Committee is correct?
A. The Audit Committee should provide arrangements for whistle blowing.
B. The Audit Committee should design the system of internal controls.
C. The Audit Committee should engage consultants to carry out business reviews.
D. The Audit Committee should review and monitor the effectiveness of the company's internal audit
function.
E. The Audit Committee should decide annually whether it needs an internal audit function.
F. The Audit Committee should decide annually whether it needs an external audit function.
Answer: A, D, E
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