Tuesday, 21st September 2010
In General Japan News,
Nissan to increase production
Japan's third-largest car maker is planning to increase its Chinese production capacity.
Nissan Motor Co has confirmed it will nearly double production to 1.2 million cars by 2012 as demand continues to improve.
Chief executive officer Carlos Ghosn explained the recent 10.3 per cent growth in China's gross domestic product means the country is showing signs of economic recovery. Therefore, Nissan is keen to capitalise on this success, reports Bloomberg.
"China is now the second-largest economy in the world, and our ambitions and actions are aligned with the current reality," added Mr Ghosn.
Nissan's current Chinese production capacity is 670,000 cars but the recent opening of a second plant in the country means this could rise substantially – especially as the automaker has plans for a third factory within the next two years.
Created in 1933, Nissan's first production car was the Datsun 10 passenger car followed by the Model 10T Datsun truck in 1935.
Written by Kimberley Homer .
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