Nissan to Ramp Up Egypt Carmaking in Bid to Boost Africa Sales

Nissan Motor Co. plans a $45 million expansion of its car-manufacturing facilities in Egypt this year, seeking to boost local output by a third and ramp up exports to the rest of Africa.

A new production line will see the Japanese automaker deliver at least 10,000 extra cars annually, with more than half of the components being made domestically, Africa Managing Director Mohamed AbdelSamad said in an interview.