Nissan targets net OEM sales of commercial autos

Newswire

YOKOHAMA, Japan, Feb 21 (Reuters) - Nissan Motor Co. said on Tuesday it would aim to become a net seller of light commercial vehicles (LCVs) on an original equipment manufacturing (OEM) basis as early as 2008 as part of its bid to boost the segment's lagging profitability. Japan's second-biggest auto maker has identified the LCV business as a crucial area with which to drive overall sales volumes and profits in the coming years. Nissan currently buys far more LCVs on an OEM basis than it ...

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