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Business & Finance

Japan's Nissan, Mazda expand supply pact

Published Updated

NISAN-1TOKYO: Japanese carmaker Mazda Motor agreed on Friday to supply minivans to its domestic rival Nissan Motor, expanding their mutual supply accord, the two companies said.

Under the latest agreement, Mazda will start supplying its Premacy to Nissan from May for sale under the Nissan brand, the companies said in a joint statement.

Mazda and Nissan have already teamed up through an Original Equipment Manufacturing (OEM) pact enabling them to provide each other with vehicles.Mazda currently provides the Bongo van and truck to Nissan, which sells it as the Nissan Vanette van and truck, while Nissan supplies the AD and AD Expert to Mazda, for sale as the Mazda Familia van.

 

Copyright AFP (Agence France-Presse), 2011

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