Nissan may build Infiniti brand cars in China
Updated: 2011-11-02 16:11
Nissan Motor Co said it may build Infiniti cars in China and will locate its global headquarters for the luxury brand in Hong Kong as it targets wealthy consumers in burgeoning markets in Asia and elsewhere.
Nissan, is considering a factory in Hubei province, owned by its joint venture Dongfeng Motor Co, the Nikkei business daily reported Wednesday.
"We are considering production in China," Nissan spokesman, Shiro Nagai said. No decision to do so, however, had yet been made, he added.
Infiniti debuted in 1989 as a luxury brand for overseas markets. Infiniti models are currently manufactured at plants in Tochigi and Fukuoka prefectures in Japan, which have a combined annual capacity of about 200,000 units, the Nikkei said.
Under a six year business plan that Japan's No 2 automaker dubs, "Nissan Power 88" the company is aiming to raise sales of the luxury line to 500,000 within six years. Its new Infiniti headquarters in Hong Kong, which will be responsible for global marketing, will employ 100 people, Nissan said.
Zhengzhou Nissan to recall 251 SUCCE cars 2011-10-11 09:53
GE, Nissan sign deal to fast track broader adoption of electric cars 2011-10-09 15:03
Nissan gets OK to sell electric car Leaf in China 2011-09-13 15:08
Nissan aims to make up lost time in China 2011-08-18 09:37
Nissan-Dongfeng to invest 50b yuan 2011-07-27 09:32
- Etao out to net more customers
- Sinopec in talks for Galp assets
- Changing of the guard for PC leader Lenovo
- Credit policy likely to ease in Q4
- PetroChina joins world's top 5 energy ranks
- Wal-Mart in dispute over alleged unpaid rent
- China sets up emergency fund to help business
- Nissan may build Infiniti cars in China