-Nissan Motor Company selects Defiance Technologies for low cost car.
Auto Business News - 11 June 2012
Nissan Motor Company (NASDAQ: NSANY) (TYO: 7201), a Japan-based automaker, has chosen Defiance Technologies, Ashok Leyland's associate company, to help develop a low cost car.
The company has been chosen for the design and development of its less than INR400,000 Datsun brand of cars for the Indian market.
Financial Chronicle has reported, citing Andy Palmer, executive VP at Nissan Motor, Japan, 'We are working with Ashok Leyland's engineering services firm - Defiance. It's a contract, not a collaboration.'
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