Datsun vehicles will start sales in India, Indonesia, Russia and South Africa from 2014.
Japanese auto major Nissan on Wednesday said it is discontinuing Datsun brand in India, nine years after the company kicked off the marque's global relaunch in the country. Having failed in its ambitious global relaunch of Datsun, Nissan had in 2020 discontinued the brand in Russia and Indonesia, the other two countries along with South Africa and India which were marked as key markets targeting the entry level car segment. Confirming the move to discontinue the Datsun brand, Nissan India in a statement said, "Production of Datsun redi-GO has ceased at the Chennai plant (Renault Nissan Automotive India Private Ltd). "Sales of the model still continue (till the stock lasts)."
They are recalling a total of about 3.4 million vehicles worldwide as a result of an airbag problem.
This new model will go on sale first in China in January 2011.
Japanese auto major Nissan Motor Co plans to launch a $3,000 car (about Rs 134,000) in 2012 in India to challenge Tata Nano, the world's cheapest passenger car.
Suzuki Motors Corp, the parent company of Maruti Udyog, announced on Friday a manufacturing collaboration with Nissan Motor Co and said they will begin joint production in India.
South Korean auto giant Hyundai has inaugurated its first $1.1 billion factory in the North American market.\n\n
Japanese automaker Nissan Motor Co on Friday said it would launch sports utility vehicle X-Trail by the middle of this year, marking the company's re-entry into India.
Nissan had relaunched the Datsun brand, its third global brand, along side Nissan and Infiniti, in March 2012.
Osaka, 20, shot to international fame on Saturday when she defeated 36-year-old American Serena Williams at Flushing Meadows to become the first Japanese player to claim a Grand Slam singles crown.
Nissan Motor Co has entered into an eight-year sponsorship agreement with the International Cricket Council (ICC), a company executive said, in a bid by the Japanese car maker to boost its small market share in cricket-crazy India.
US space agency aims to start testing the first such vehicle by the end of 2015
Tata Motors has halved the volume outlook for its UK subsidiary Jaguar Land Rover Automotive (JLR) and warned of lower earnings as it sees the semiconductor shortage deepening in the September quarter of the current financial year, according to a notification issued by the company to the stock exchanges on Tuesday. The announcement caught investors unawares. They were hoping for a quicker recovery. Tata Motors' stock tanked 13 per cent (on July 6) from the day's high of Rs 358.10 and hit the lower circuit (Rs 311.45) in intra-day trades.
The alliance will extend an existing partnership between the two.
Nissan and Renault say they will compete with new models, especially small cars, and by growing their dealer network.
The compact sleek car with no grille features a roof that is a panoramic pane of glass from front to back.
Ashok Leyland's debt increased to Rs 5,500 crore as of June, from Rs 4,300 crore at the end of the March quarter, mainly due to higher working capital.
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