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Nissan Motor Co., Ltd & Suzuki Motor Corporation Expand Business Collaboration - Nissan Motor Co., Ltd., and Suzuki Motor Corp. have announced an agreement to expand the scope of their business collaboration.
Nissan Motor Co., Ltd & Suzuki Motor Corporation Expand Business Collaboration

 

PRZOOM - /newswire/ - Dubai, UAE, United Arab Emirates, 2006/06/24 - Nissan Motor Co., Ltd., and Suzuki Motor Corp. have announced an agreement to expand the scope of their business collaboration..

   
 
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Further to the existing OEM supply of Suzuki minicars to Nissan and the supply of automatic transmissions to Suzuki through Nissan’s affiliate company Jatco Ltd., the two companies have now extended their co-operation to cover the following:

• Starting from the end of 2006, Nissan will supply a minivan model to Suzuki on an OEM (Original Equipment Manufacturer) basis and Suzuki will supply a Suzuki mini-vehicle model to Nissan on an OEM basis. Both products are for the Japanese market.

• From 2008, Nissan will supply a compact pickup truck model to Suzuki on an OEM basis for sale mainly in North America. Suzuki will provide a new A-segment vehicle model for Nissan on an OEM basis for sale mainly in Europe.

• Nissan and Suzuki will start manufacturing collaboration in new emerging markets by sharing their respective manufacturing facilities. This activity will start at Suzuki’s plant in India.

“This expansion of business collaboration with Nissan will strengthen Suzuki global competitiveness through pursuit of economies of scale in production volume by additional OEM business opportunities. It will also ensure Suzuki achieves its midterm five-year business plan by complementing its product portfolio in new segments,” said Hiroshi Tsuda, President and Chief Operating Officer, Suzuki.

“Through our existing agreement with Suzuki, we have built up a relationship of trust and partnership for mutual benefit. This expansion is part of Nissan’s continuing drive into new market segments and further global expansion, as set out in the Nissan Value-Up business plan,” said Toshiyuki Shiga, Chief Operating Officer, Nissan.

 
 
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Nissan Motor Co., Ltd & Suzuki Motor Corporation Expand Business Collaboration

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