Nissan Motor is in negotiations with billionaire, Eike Batista, for a possible partnership to open a new plant.

Nissan is evaluating various alternatives for investments to build a new plant in Brazil which will quadruple  production capacity.

The plant in Brazil is expected to have production capacity of 200,000 cars a year and boost market share by 5% from 1.2%. Currently Nissan's production capacity is 60,000 cars in a shared plant with Renault in southern Brazil. The company is yet to finalise a location for the plant.

Auto market intelligence
from just-auto

• Auto component fitment forecasts
• OEM & tier 1 profiles & factory finder
• Analysis of 30+ auto technologies & more