Nissan to set up plants

Nissan to set up plants

TOKYO (AFP): Japan's Nissan Diesel Motor Co. Ltd., an affiliate of Nissan Motor Co. Ltd., will produce commercial vehicles in Thailand, Malaysia and Indonesia, starting in 1997, Jiji Press said Saturday.

The truck and bus manufacturer, owned 40 percent by the nation's second largest carmaker, aims to increase its market share in the three countries to as much as 25 percent under the project, the paper said.

Nissan Diesel plans to produce 6,000 units of five to eight ton trucks a year by 2000. It is also considering expanding production to other countries, including the Philippines and Pakistan.