Nissan releases locally-assembled vehicle in Vietnam

Japan's Nissan Motor Company has begun Vietnamese sales of a passenger vehicle made by a local contract manufacturer, Japanese media reports.

The Japanese economic daily Nikkei said that the Japanese firm has outsourced production of the Grand Livina, a multipurpose vehicle offering a third row of seating, to Vietnam Motors Corp. The goal is to sell 2,000 units in fiscal 2010.

Two more consigned models will be added to Nissan's Vietnamese lineup within three years, the Nikkei added. Nissan now offers five imported models in Vietnam, including the Teana midsize sedan

The firm will open dealerships in two cities, including Ho Chi Minh City this month, bringing the total to four locations nationwide.

vietnamplus

>   Two carriers in dispute over VietAir brand name (09/04/2010)

>   Complex steel story explains rapid-fire price increases (09/04/2010)

>   Vietnam finmin says 8-9 pct inflation not a worry (08/04/2010)

>   HCM City’s imports and exports above US$12 billion (08/04/2010)

>   Vinacas to grow cashew in Cambodia (08/04/2010)

>   PM urges all sectors to curb inflation (08/04/2010)

>   Dairy plan targets growing market (08/04/2010)

>   Ha Noi real estate market grows in Q1 (08/04/2010)

>   A good opportunity for Vietnamese rubber industry (08/04/2010)

>   Japan imports 60 tonnes of Vietnamese mangos (08/04/2010)