JAPAN: Nissan exits Chinese heavy vehicle market
By Graeme Roberts | 30 January 2013
Nissan has said it will transfer its Chinese medium and heavy commercial vehicle business to its partner in the country, Dongfeng Motor Group.
The automaker, which long ago sold off its Nissan Diesel heavy truck unit, has already withdrawn from the medium and heavy commercial vehicle market in Japan and said it intends to refocus on passenger and light commercial vehicles, the Japan Times reported.
Nissan did not disclose the price of the Dongfeng deal.
Sectors: Emerging markets, Vehicle manufacturers
Companies: Nissan
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