Nissan to build passenger cars in Brazil

Newswire

DETROIT, Aug 22 (Reuters) - Nissan Motor Co said on Friday that it will start building two passenger cars in Brazil for the first time as it seeks to boost its presence in emerging markets. Japan's third-largest automaker will build the five-seat Nissan Livina and seven-seat Nissan Grand Livina, which will go on sale in early 2009. Nissan's announcement comes as domestic rival Suzuki Motor Corp said it would reenter Brazil's passenger car market in October, aiming to sell 7,000 ...

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