Nissan Motor Co. Ltd. and subsidiary Nissan Motor Diesel Co. Ltd. have agreed to a joint venture to develop light trucks. Nissan had been in discussions with Isuzu Motors Ltd. regarding expansion of its profitable light-duty commercial trucks, but last month the talks reportedly hit a snag. Development begins later this year on the JV, which aims to produce about 60,000 trucks annually with a 1.1- to 2.2-ton payload. Some 16,000 of the units will be built in Japan. Production is ...

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