Nissan to Sell Rebadged Mazda5 MPV in Japan

Nissan and Mazda said Friday that they are expanding their original equipment manufacturing (OEM) projects to include the Mazda Premacy, otherwise known as the Mazda5 MPV in markets such as North America and Europe. Under the agreement, Mazda will supply a "clearly differentiated version" of the Premacy to Nissan for sale in Japan, starting from May this year, the two companies said in a joint statement.