ZHENGZHOU, Henan – Zhengzhou-Nissan Automobile Co., Ltd. will introduce the Nissan branded NT400 Cabstar light truck to the Chinese domestic market in June 2009, according to a company announcement.
As revealed by the company information, the high-end NT 400 Cabstar is developed using the latest technologies and has received the Good Design award in Japan.
In Nissan business plans published, the Japanese automaker has outlined the light commercial vehicle (LCV) project as its core business in its global blueprint and it will expand LCV business aggressively in the future.
“As Nissan’s LCV production base in China, Zhengzhou-Nissan will produce 20 to 25 percent of Nissan LCVs according to our global plans,” said Harumi Okazaki, vice president of Dongfeng Motor Co., Ltd. (DFL), who is in charge of Nissan branded LCV business expansion in China.
Zhengzhou-Nissan started construction of a second plant in September 2008, which is scheduled to commence production in mid-2010 with a designed output capacity of more than 120,000 vehicles per year in the first phase. A total of ¥1 billion investment will be injected for the project.
Zhengzhou-Nissan was established in 1993 as a three-way joint venture by Dongfeng Automobile Co., Ltd., DFL and Nissan (51:28.651:20.349). It produces both Nissan and Dongfeng branded vehicles. In the first 10 months of 2008, the company sold more than 36,000 units of SUVs, MPVs and pickups, up about 22 percent year-on-year, according to CBU-Autostats.
The Cabstar will be introduced to China in June 2009.