Nissan to make new compact car in UK

New Delhi, Jun 3 (UNI) Nissan Motor Co Ltd, Japan's third largest automaker, today said it will make a new compact car from its Sunderland plant in the UK to meet the demand for energy-efficient vehicles on account of increasing fuel costs.

The company will start producing the new model, which will replace Micra, in 2010, and will be moved to India after being redesigned, the Tokyo-based automajor said in a statement.

It plans to increase sales by five per cent annually over the next five years by introducing new fuel-efficient models.

The plant in Sunderland produced a record 3,74,000 vehicles in fiscal 2007. Nissan is the largest vehicle exporter from the UK, with around 80 per cent of production sold outside the country.

UNI MP SG NS1716