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Nissan Motor expands plan for Rogue exports to U.S. from S.Korea
February 5, 2015 / 6:09 AM / 3 years ago

Nissan Motor expands plan for Rogue exports to U.S. from S.Korea

SEOUL, Feb 5 (Reuters) - The Renault-Nissan alliance said on Thursday it would export 38 percent more Nissan Rogue crossovers to the United States from South Korea in 2015 than planned earlier, to meet rising demand in North America.

The alliance will produce 110,000 Rogue crossovers at Renault’s South Korean factory for U.S. exports this year, from its previous plan of 80,000, it said in a statement.

Nissan started producing the Rogue in South Korea and shipping it to the United States last year, a move that helped boost the factory utilisation of Renault Samsung (RSM), the South Korean unit of the French carmaker.

Renault Samsung, squeezed by bigger rival Hyundai Motor and German imports, saw its domestic sales nearly halve in 2012, although they have been recovering since then.

The Rogue, of which a new version was launched in 2013, is Nissan’s second best-selling model in the United States after its Altima mid-sized sedan, and posted a 13 percent rise in sales in January from a year earlier.

Nissan also shifted the production of Rogue from Japan to the United States and started producing the model in Tennessee in 2013.

Reporting by Hyunjoo Jin; Editing by Anupama Dwivedi

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