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Nissan to Import More Parts for Vehicles Made in Japan

Nissan Motor Co. aims to source at least 40% of the parts used by its domestic assembly plants from overseas by the fiscal year ending in March 2017, up from about 30% last year, says The Nikkei, which cites no sources.

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Nissan Motor Co. aims to source at least 40% of the parts used by its domestic assembly plants from overseas by the fiscal year ending in March 2017, up from about 30% last year, says The Nikkei, which cites no sources.

Imported parts will account for at least half the components in the Nissan X-Trail SUV that goes into production in Japan next spring, the Tokyo-based newspaper reports.

The domestic factories of Nissan's Japanese rivals average less than 20% imported parts, according to The Nikkei. It says the strong yen is driving Nissan to seek cheaper parts from China, South Korea and other sources in Asia.

Nissan plans to buy more parts from companies that supply Renault Samsung Motors, the Korean subsidiary of the Nissan-Renault alliance, the newspaper states.

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