Nissan increases China production target

Japanese carmaker Nissan has increased its vehicle production target for China over the next couple of years.

The company now says production will increase from the current 670,000 units per year to 1.2 million in 2012. It had previously targeted production of one million units in 2012.

Nissan has overtaken Toyota as the top-selling Japanese carmaker in China and is expanding its facilities there. The firm is aiming for a 10% share in China - the world's biggest car market.

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source: BBC