Sunday, November 6, 2011

In key markets Nissan eyes more capacity

Nissan continues to study growth opportunities after a Mexican state government announced that the automaker is considering investing $2 billion in a new plant in the country, said Nissan Motor Co.

In a statement to Reuters that the firm was "continuing to study opportunities to install additional capacity" in key markets, said a Nissan spokesman in Mexico, which already has a plant in the city of Cuernavaca just south of Mexico City.

Stung by the strong yen that has been eroding profits on exports -- Nissan and other Japanese automakers -- are exploring ways to shift output of cars and parts outside Japan.


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