Nissan Motor Co. wants to increase global production by over 17% to a record 3.69 million units in the fiscal year that starts on April 1, according to the Nikkei business daily.
Nissan, which is No. 3 in Japan and which is 44% held by Renault SA, reported that it plans to produce 1.85 million vehicles during the April-September period, standing for a 32.3% rise from a year ago.
More specifically, this six-month period is anticipated to have an output of 1.84 million units to 1.93 million units. This number stands for a 5%-10% increase from projection for the second half of the current fiscal year, which ends March 31.
The Nikkei business daily said that contributing to the overall output is the anticipated sales for the Micra subcompact vehicle, which started production in Thailand this month.
The car's Indian production is slated to start in May while manufacturing in China is seen to begin later on. In the next fiscal year, Nissan intends to produce 80,000 to 90,000 Micras in both Thailand and India to supply local markets, and to be exported to Japan, Europe and Southeast Asia.
The paper added that Nissan will hire 600 more workers at its St. Petersburg plant for a second shift that begins in June.
Nissan also seeks to expand its market in Russia by introducing the Murano sport utility vehicle as its third model there at the start of 2011. For the next fiscal year, Nissan targets a 9.7% increase in its production at home to 1.13 million units. [via autonews - sub. required]