Report: Nissan Willing to Consider Capital Tie-Up with DaimlerChrysler

TOKYO (AP) — Nissan Motor Co.'s president signaled his willingness Thursday to consider a capital tie-up with DaimlerChrysler AG should such a proposal be put forward by the German automaker, a media report said.

If they propose entering a capital tie-up with us, we would consider it seriously," Nissan President Yoshikazu Hanawa was quoted as saying by Kyodo News agency.

issan officials were not available for comment late Thursday.

Nissan has been in negotiations with the automaker and its German predecessor, Daimler-Benz AG, for a possible expanded alliance - including sharing technology - in commercial vehicle production.

issan and Daimler-Benz had agreed in July to jointly build a light truck starting in 2002 as the first step toward broader cooperation. Daimler also said at that time it was considering obtaining a stake in Nissan's truck-making subsidiary, Nissan Diesel Motor Co.