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Nissan seeks to boost South Korean output on post-#Brexit yen surge

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2016-nissan-rogue-sv-awd-review-car-and-driver-photo-664812-s-429x262Nissan Motor wants to increase the output of its Rogue model at Renault's factory in South Korea this year, as a stronger yen makes exports from Japan less competitive, a Renault executive has said.

The yen has jumped 20% against the dollar this year in the wake of Britain's decision to leave the European Union, pressuring Japanese exporters. The South Korean won rose 7.4% against the dollar this year.

“We have got a request to boost Rogue (pictured) production by 8,000 vehicles this year," Renault Samsung Motor Chief Executive Officer Park Dong-hoon said, adding that the company was reviewing whether it would be able to meet the additional demand.

He added that Nissan Motor previously targeted output of 125,000 Rogue vehicles in South Korea this year.

Rogue is Nissan Motor's top-selling sport utility vehicle in the United States, with sales jumping 14% to $182,181 from January to July this year from a year earlier.

Nissan Motor currently produces Rogues in South Korea, Japan and the United States.

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