Nissan to boost RI production tenfold

Nissan to boost RI production tenfold

Nissan Motor Co. plans to increase its production of cars in Indonesia tenfold over the next five years, the Japanese company said in a news release on Tuesday.

Nissan said it hopes to produce 30,000 units a year by 2009, up from a current annual output of 3,000. Nissan produces cars in Indonesia through its unit, PT Nissan Motors Indonesia.

The company has partnered with Intentia International, a consultant, to help streamline its operations in Indonesia, the release said.

Indonesia's car market is growing amid strong consumer spending. In May, total vehicle sales increased 41% on the previous year to 39,955 units. In 2004, experts expect Indonesians to buy around 400,000 vehicles, up from 353,000 last year. -- DJ