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Nissan plans to pump 60b yuan into China business, eyes top 3 spot

Carmaker and JV partner seek to boost volume to 2.6m vehicles a year by 2022

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"We need to go full-throttle aggressive," Mr Seki says. "If we didn't do that, we would fall behind and fail to grab market share otherwise we could take."

Beijing 

NISSAN Motor plans to invest 60 billion yuan (S$12.5 billion) in China over the next five years with its joint-venture partner as it seeks to become a top three carmaker in the world's biggest market.

Long stuck as a second-tier player in China, Nissan and Dongfeng Group...

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