Nissan Gets Indian Truck Deal
August 29th, 2007
Japan’s Nissan Motor Co. has teamed up with Indian truck and bus maker Ashok Leyland Ltd. to jointly manufacture small trucks and other light commercial vehicles in India using their truck parts.
The deal underscores Nissan’s growing interest in India, where demand for automobiles is rising fast thanks to robust economic growth. Nissan has lagged behind its Japanese rivals in tapping opportunities in India, both as a market and as a manufacturing base.
Leading Japanese automakers, including Toyota Motor Corp., Honda Motor Co., Suzuki Motor Corp., have significantly expanded their operations in India in recent years.