By Naoko Fujimura and Kae Inoue/Bloomberg
Tokyo: Nissan Motor Co., Japan’s third- largest automaker, will supply cars to Mitsubishi Motors Corp. for the first time, expanding the two companies’ vehicle-supply partnership to lower production costs.
Nissan will supply 3,000 AD vans a year on average to Mitsubishi Motors from the second half of 2008, the two Tokyo- based companies said on 3 April. Nissan will get an annual supply of 4,000 Townbox minicars from Mitsubishi Motors starting next month, they said.
“The agreement will allow both companies to improve productivity through the expanded scale of economy,” Nissan said.
The two companies started their partnership in 2003. Mitsubishi Motors, Japan’s sixth-largest automaker, supplies the Minicab commercial minicar to Nissan, which sells it as the Clipper. Mitsubishi Motors also makes the eK minicar for Nissan to sell as the Otti.
Nissan also gets two minicar models from Suzuki Motor Corp., Japan’s fourth-biggest automaker.