Nissan Diesel: to boost China sales 10-fold by '08

Newswire

TOKYO, July 26 (Reuters) - Japanese truck maker Nissan Diesel Motor Co. said on Tuesday it aimed to boost its sales in China by nearly 10-fold in four years, and would raise its stake in a Chinese joint venture to meet that target. The company, held 23.8 percent by Nissan Motor Co. , said it aimed to sell 8,000 trucks in China in 2008, up from 840 units in 2004. It will raise its stake in Dongfeng Nissan Diesel Motor Co. to 50 percent from 25 percent by the end of this year to bolster ...

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