Ghosn's partnership with motorcycle and auto-rickshaw maker Bajaj Auto got most publicity.
'I am a big admirer of engineering in India because India has a particular skill in frugal engineering.'
Carlos Ghosn, the iconic CEO of Nissan Motors and Renault, is on a whistle-stop visit to India on Monday to finalise a joint venture and small-car blue-print with India's second-largest two-wheeler maker Bajaj Auto. Renault, Nissan and M&M also have a three-way equity tie-up to make passenger vehicles in Chennai, for which the facility is yet to be built.
Tata Motors' Nano may be struggling to survive, but Renault Nissan alliance Chairman and chief executive officer Carlos Ghosn is glad the group followed the lead of "visionary" Ratan Tata's dream project
The Datsun brand which belongs to Nissan has been recently revived to introduce value-for-money cars in emerging markets and the first two cars to wear this nameplate are expected by 2014.
CEO Carlos Ghosn hopes the Go, which has been primed for the middle class, will help Nissan achieve the goal of capturing 10 per cent of the Indian market by 2016.
Carlos Ghosn, 57, will unveil the concept version of Paris-based Renault's compact car prior to the start of the inaugural Formula One Grand Prix of India, which is scheduled to take place in October 28-30.
The ultra-low-cost small car being jointly developed by Bajaj, Renault and Nissan is expected to hit Indian roads by 2010. Renault and Nissan CEO Carlos Ghosn, who was on a visit to Bajaj Auto in Pune on Monday, said that he hoped the prototype of the car will be completed by the end of this year. The car is expected to cost US $3,000 and will compete with Tata Motors' Rs 1 lakh car due next year.
Nissan's executive vice-president and CEO Carlos Ghosn's key man for his new strategy in emerging markets, Andy Palmer, tells Business Standard how the Tata Nano's experience made his company steer away from the $2,500 car. He also speaks about how Nissan's association with Bajaj Auto to develop a small car failed, making his company place its bets on the Datsun brand to grow its market share 10-fold over the next three years.
The partners have, thus, solved the tricky issue of pricing, which has been widely speculated as the reason for the delay in the project announced in 2008.
Renault extended Flavio Briatore's contract as boss of their Formula One team to the end of 2006.
A diversified workforce can help improve performance and growth, but it has its challenges too
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)."
The country's second largest two-wheeler maker Bajaj Auto Ltd (BAL) on Monday joined hands with Renault-Nissan to launch a small car in India by 2011 that will compete with Tata Motors' Nano on price point - Rs 1 lakh.
They just don't have similar colours, Datsun's marketing campaign too seems be inspired from Maruti Alto 800.
IIT alumni's Gloabl Conference -- PanIIT 2008 -- has been organised for December 19-21, 2008.
"As per the agreement, the design, engineering, sourcing and manufacturing will be handled by Bajaj Auto while marketing and selling will be by Renault-Nissan Alliance."
Cars from Infiniti are priced in the range of $34,000-$52,000 (Rs 16 lakh to Rs 21 lakh) in the US market.
Renault Kwid is a good entry-level car for Indian roads.
With its SUV-style design and feature-packed interiors, the Kwid has many advantages, but Renault is taking no chances.
US space agency aims to start testing the first such vehicle by the end of 2015
The Renault-Nissan alliance aims to have a 10 per cent share in the Indian passenger vehicles market
'I think some of us, like Mukesh Ambani, myself and those of us who head industrial units, ought to really focus on what we can really do to make the world a safer place, maybe 50 or 100 years from now.' 'For instance, how can we deal with climate change and global warming, right now?' 'The effects of it may not be felt now; in fact, we may pay a price for it today, but it will help the generations to follow.'
Renault Kwid could be the new frontrunner in the 1-litre car segment, says P Tharyan.
'Indian apathy towards our historical heritage is indeed amazing,' says military historian Colonel Anil A Athale (retd).
Have committed themselves to investing Rs 1,85,000 crore since last year.
How did the Kwid become an Indian success story?
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