UPDATE 1-Nissan Diesel, Nissan to tie up in light trucks

Newswire

(Updates with announcement, earnings) TOKYO, May 19 (Reuters) - Nissan Diesel Motor said on Monday it would tie up with major shareholder Nissan Motor to develop and produce light trucks in a move that ends alliance talks between Nissan Motor and Isuzu Motors Ltd . Nissan Motor, Japan's third-largest automaker, had been looking for a partner to enter the high-profit market for light-duty commercial trucks, with its sights especially set on the booming Chinese market. Under their ...

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