Nissan Evalia came in with a starting price of Rs 849,000.
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.
Renault-Nissan Automotive India Private Ltd (RNAIPL) on Wednesday appointed Kou Kimura as chief executive officer and managing director for its Chennai manufacturing facility with effect from April 1.
There is another common trend among these three players - they are all registering a volume decline in a market that is expanding at over 8 per cent
Japanese auto maker Nissan on Wednesday said it will source auto components worth $40 million (around Rs 185 crore) from India by 2012.
Japan's Nissan Motor Corporation, which is planning to manufacture small cars from its upcoming facility near here, on Friday signed an agreement with Ennore Port (EPL) to export the cars to European markets.
Nissan currently imports X-Trail and 370Z coupe as completely built unit.
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 company, which launched its multi-utility vehicle Evalia priced between Rs 849,000 and Rs 9,99,000 (ex-showroom Delhi), also said it will look to expand production capacity either through new plants or the existing plant.
A member of the audience participates as Sumo wrestlers perform during the Nissan Konnichiwa Japan 2022 event in New Delhi.
Senior officials of Nissan Motor stated that the company had largely frozen the design and concept of the sedan, which will be positioned as a premium product that would perhaps take on the likes of Chevrolet Cruze, Honda Civic and Toyota Corolla Altis.
The recently launched multi utility vehicle Nissan Evalia will not be affected, the company said in a statement without disclosing the quantum of hike.
The Renault Nissan alliance announced on Thursday the creation of new business centre by the name of The Renault Nissan Technology and Business Centre India Private Ltd in Chennai.
The company would import $10 million (Rs 45 crore) of components in 2010 from Indian vendors. It is set to increase this to $40 million by the end of 2012, a top company official said.
Buzz around Innova Aero and cheaper multi-utility brands of competitors make the going tough for Evalia in a crowded market.
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Tamil Nadu -- often dubbed as India's own Detroit due to its thriving automobile manufacturing ecosystem -- is in no mood to miss the EV bus either. Recent developments attest to it. Vietnamese electric vehicle (EV) maker VinFast has promised a $2 billion plant in the southern state. And as promised earlier, the work on Tata Motors-JLR plant will kick off next week, on September 28, after the foundation stone laying ceremony.
The car is a conventional hatchback with state-of-the-art aerodynamics.
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.
Tata Motors, Ford, Nissan, Maruti Suzuki, Toyota Kirloskar, BMW, Renault and Isuzu have also announced price hike from next month citing impact of increase in commodity prices and foreign exchange rates.
The GT-R is not about practicality, it's not about the gadgetry and it's also not about the lap times (there are faster cars than the GT-R). Then what is it all about?
'India needs many more job creators, both in manufacturing and services, to make it big.' 'For that, the red carpet must be rolled out fully and for all investors without holding back,' suggests Nivedita Mookerji.
The Nissan Terrano is an upmarket urban SUV which is single-handedly responsible for bringing some much needed footfall to Nissan showrooms
Nissan Motor Company, the Japanese automobile giant, has entered the Indian market with its first offering, the Nissan X-Trail. The SUV has been priced between Rs 19.80 lakh.
The manufacturing facility is being set up at Oragadam, near this city. The company has planned to set up 55 dealerships by 2012. So far, the company has appointed 23 and plans to add seven more by the end of this financial year.
The car will be available from early next year.
As part of its plans to have a 10 per cent share in the domestic automobile market, Japanese auto giant Nissan said it would introduce an automatic transmission variant of its flagship hatchback 'Micra' and mid-sedan 'Sunny' soon in India.
Adding to its list of Ford, Maruti, Hyundai, Toyota, Tata Steel now boasts of Nissan and Volkswagen as buyers of Tata Steel.
The first Evalia in India will sport a 1.5L K9K dCi diesel engine.
Both cars finally got their fuel economy ratings from the Environment Protection Agency.
The hatch competes with cars such as Maruti Alto and Hyundai i10.
Japanese carmaker Nissan on Tuesday said it is in talks with Hinduja flagship company Ashok Leyland for developing a small car for the global market that could be priced around $4500-5000.
Nissan, Japan's third largest car maker in which Renault holds 44 per cent stake, will churn out three models based on a single platform from its manufacturing base in Chennai by 2010. The car will be sold in five countries categorised by the company as the leading competitive countries. The car, based on the A platform, will be produced in these countries that include India and Tailand.
The joint venture of Ashok Leyland and Nissan for manufacturing light commercial vehicles would become operational during the current financial year, executive vice-chairman of Hinduja Group India Subir Raha said.
In its first official engagement with the Indian government, Elon Musk-led Tesla and other global automotive (auto) manufacturers sought clarification on the new electric vehicle (EV) policy, specifically regarding investment guidelines and the timeline for the domestic value addition (DVA) requirement. Officials who attended the meeting told Business Standard that the original equipment manufacturers (OEMs) tried to understand whether the complete investment would be made within three or five years and the duration they would have to achieve the 50 per cent DVA. "The consultation meeting was convened to address queries from auto OEMs.
The company's wholly-owned subsidiary -- Nissan Motor India Private Ltd -- had launched the Micra in July and priced the car between Rs 398,000 and Rs 529,000 (ex-showroom, Delhi).
Car sales are experiencing a challenging phase with around Rs 60,000 crore worth of inventory lying unsold with dealers.
