Nissan rolled out its second vehicle in India on Thursday -- the luxury sedan Teana -- to tap the growing high-end car market in the country.
Nissan, which has entered into a tripartite joint venture with Renault and Mahindra and Mahindra for setting up a plant in Chennai, is almost certain to have 25 per cent stake in the venture, while it plans to launch premium sedan Teana in India.
Japanese auto major Nissan is poised to launch its premium sedan Teana in India next week, industry sources said.
The Nissan Teana enters the slightly crowded D-segment market with a smooth V6 petrol motor. Can it work the magic?
The price reduction by Nissan is in the range of 4 to 6 per cent.
Nissan Motor Company, the renowned global passenger car maker, has been outstanding at the domestic front ever since its arrival.
Nissan Motor India is planning to launch its sports car 370Z in India by January 2010. The company has drawn up an aggressive plan for India which will see a business model comprising five locally-made cars and four imported models by 2012.
Over seven lakh vehicles have been recalled by various manufacturers in India since 2012.
Over seven lakh vehicles have been recalled by various manufacturers in India since 2012.
High-end mid-sized sedans, comfy SUVs and entry-level luxury models steal their show.
The company got back in the numbers game only in 2013.
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