Nissan Investing More in North America to Increase Production and Sales
Automaker Nissan is investing more in its facilities in North America to increase its footprint in the market. The company plans to increase production in US and by year 2015, 85% of the domestic demand will be met by the vehicles produced in North America.
The company is also investing money in facilities across other markets. The Japanese automobile major plans to increase its market share to 8 per cent globally by year 2016.
Nissan is leading in terms of sales in Mexico with 25% market share. The company is lagging in Brazil and plans to increase it sales there.
Toyota and Honda have also planned to increase the capacity of their North American facilities to decrease the costs and offer value for money to customers in North American markets.
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