Nissan plans to increase production capacity in China by 600,000 units in China in 6 years

Nissan plans to increase production capacity in China by 600,000 units in China in 6 years According to Bloomberg News report on June 28th, Carlos Ghosn, chief executive of Nissan Motor Co., Japan’s second-largest automaker, said that the company plans to use it in China in the next six years. The vehicle's annual production capacity has increased by 600,000 units so that the company can further expand its market in China.

According to reports, Ghosn said in an interview in Yokohama that Nissan plans to establish a factory specializing in the production of its Infiniti brand luxury cars abroad, while China and North America are more likely to be the "two major plant candidate sites." He said, "We are trying to break the situation where the Infiniti brand cars are only produced in Japan."

On June 27, Nissan announced its latest interim development plan that the company plans to increase its share of the global automotive market in FY2016 (April 2016-March 2017) by 5.8% from FY10. To 8%. At the same time, the company also said that by fiscal year 2016, it plans to increase its market share in the Chinese automotive market from the current 6.2% to 10%.

Ghosn also said that Nissan’s new plant in Brazil is expected to be put into operation before the end of 2013, and its annual production capacity will reach 200,000. In addition, the company also plans to increase its market share in South American countries from the current 1.2% to 5%.

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