Nissan To Creat New LCV Engineering Division

Effective January 1st, 2008, this investment is aimed at providing NMLT with the resources to support the accelerated growth of Nissan’s LCV business, particularly in the light duty truck sector.

A total of 111 engineers will now work for NMLT in the new division. With these additional resources, NMLT will have 300 employees focused on LCV engineering. Many of the engineers joining from Nissan Diesel have extensive experience working on seconded projects for NMLT. This move will allow NMLT to consolidate the expertise built during the previous development of light duty trucks and engines.

“Nissan aims to become a leading player in the global LCV market, said Andy Palmer, Corporate Vice President of Nissan Motor Co., Ltd, LCV Business Unit and President of NMLT. “To achieve this ambitious objective we need great products and the ability to react quickly to address the needs of our customers. This investment in the development divisions at NMLT will ensure that we the capability to meet the future demands of our business, continued Palmer.”

NMLT was established in 2003 and was responsible, in cooperation with Nissan’s development divisions in Barcelona, Spain, for the development of the new Atlas F24 (Cabstar outside of Japan).

Nissan’s LCV Business Unit sold 492,000 light commercial vehicles globally in the fiscal year 2006, 23% up from the previous year.-Nissan