Nissan Motor is talking with affiliate Nissan Diesel Motor about a venture to develop light trucks jointly, after scrapping negotiations it began earlier with Isuzu Motors, the trade newspaper Automotive News reported.

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The paper noted that Nissan and Renault SA each own 22.5% of the financially troubled Nissan Diesel while Renault owns 44% of Nissan.

According to Automotive News, Nissan president Carlos Ghosn declined to confirm local press reports that the venture would produce two-ton trucks to meet strict diesel engine emissions to be introduced in 2005.

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