MADRID – Nissan Motor Co. Ltd. is withdrawing from a joint venture with alliance-partner Renault SA to build a €600 million ($789 million) manufacturing complex in the port town of Tangiers, Morocco. The new manufacturing operation was to be located on a 741-acre (300-ha) site inside the Tangiers Mediterranean Special Economic Zone. Construction was to begin this month. Nissan planned to build a new light van, codenamed NV200, to replace the current Kubistar compact model, while Renault ...
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