P.M. BRIEFING : Nissan Overseas Output to Rise

Nissan Motor Co. expects exports to rise 0.2% next year but overseas production to increase by 7%, officials of Japan’s second biggest auto maker said today.

Exports are expected to reach 1.07 million vehicles with overseas production totaling 683,000 vehicles, Nissan Managing Director Kiyofumi Morimoto told a news conference.

Domestic production is likely to rise 3% to 2.44 million vehicles, while domestic sales will increase 4% to 1.37 million, Morimoto said.