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Nissan Sued by Dubai Company over Distribution Agreement: Report

Nissan Sued by Dubai Company over Distribution Agreement: Report

   New York, June 19 (Jiji Press)--A Dubai company has sued Nissan Motor Co. <7201> for 386 million dollars in damages, accusing the Japanese automaker of violating the terms of a distribution agreement between them, The Wall Street Journal reported in its online edition on Tuesday.
   The Middle East company, Al Dahana, was established in 2008 to help boost sales of Nissan vehicles in the Persian Gulf region. It is majority owned by Saudi Arabian billionaire Khaled Juffali, a longtime friend of former Nissan Chairman Carlos Ghosn, the paper said.

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AFP-JIJI PRESS NEWS JOURNAL


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