France-based automobile manufacturer Renault and Japan-headquartered Nissan on Monday committed investments of $600 million (around Rs 5,300 crore) in the country 15 years after foraying into the Tamil Nadu automobile industry. The fresh round of investments would witness roll out of six new models between the two companies including -- two electric vehicles -- representing the two global brands, Nissan Global chief operating officer and Member, Alliance Board Ashwani Gupta said in Chennai.
Retail rates of the fuel will now reflect international movement in oil prices.
Nissan and Renault say they will compete with new models, especially small cars, and by growing their dealer network.
With nearly 100 launches and unveils, the Bharat Mobility Global Expo 2025, held in Delhi from January 17 to 22, made one thing clear to automobile enthusiasts: Electric vehicles (EVs) are the way ahead for the Indian auto market for years to come.
'We are very quickly going to announce the timeline of our launches, which should start giving us the turnaround'
For the first time, the event will take place across three locations in Delhi: Bharat Mandapam at Pragati Maidan, Yashobhoomi Convention Centre at Dwarka, and India Expo Mart at Greater Noida.
The company wants to corner 10 per cent market share with both the brands, Nissan and Datsun, contributing half of sales by then.
The Japanese car maker, however, has quite a distance to cover before breaking into the top-five in any of its segments.
'Please wash your hands with soap or sanitise them often to keep yourself safe. Because this dangerous Corona ball can come your way, any time.'
Nissan Motor Company on Friday said it has appointed Akira Sakurai as the managing director and CEO of Renault Nissan Automotive India Pvt Ltd (RNAIPL) and has made a few more changes in the management to establish itself as one of the major players in the country.
Most of the major car makers in India, including Maruti Suzuki and Hyundai, do not sell cars through internet but use the online medium to convert queries into offline sales through dealerships.
The Nissan Kicks does tick all the right boxes as a convincing Hyundai Creta competitor.
The company's Indian subsidiary, Nissan Motor India, is rapidly strengthening its research and development wing for the purpose.
Affluent Indian automobile buyers may get another brand to choose from. Nissan, Japan's third largest carmaker, is looking at the possibility of launching Infiniti, a luxury brand owned by it, in India. Known for its luxurious features and power-packed driving characteristics, Infiniti is a premium brand which competes with benchmark ones globally such as Mercedes, BMW, Porsche, Audi and Accura.
The top six auto brands are: Maruti Suzuki, Hyundai, Tata Motors, Toyota, Kia and Mahindra & Mahindra.
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.
The automaker said that production at the Renault Nissan Alliance Plant, where Nissan, Renault and Datsun brands are manufactured, had gone up by 15 per cent and was expected to increase further on the back of increasing export orders.
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.
The first trial consignment of six cars left for Barcelona from its Oragadam plant (near Chennai) through the Ennore Port, on Monday.
The price reduction by Nissan is in the range of 4 to 6 per cent.
Irrespective of the recent performance of Datsun, Nissan is ready to put more resources behind it.
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The compact segment makes up for nearly 25 per cent of car sales in India.
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.
Japanese auto major Nissan said on Tuesday it expects to finalise its India plans, including setting up of a manufacturing facility, by March this year as it is still at an early stage of talks with Mahindra-Renault for a joint venture.
Nissan's Sunny overtook Volkswagen Vento to become the third-largest selling sedan in February.
Sold in the global markets as a van, Evalia will be placed in the category of an 'Urban Class Utility Vehicle' in India.
Nissan Motor Company may have missed the boom in small cars in India. But the third-biggest Japanese car maker is confident of shoring up volumes, as it works on several small car projects simultaneously.
The five door Nissan Micra is an A-segment small hatchback.
Japanese auto maker Nissan Motor Company on Tuesday said they were "well-on course" on introducing new products in India.
The hatchback model is christened as K2 and will take inspiration from Micra.
As part of this exercise, the company has decided to recall over 9,600 units of its small car Micra, which were produced in India in 2011 and sold in Europe, the official added.
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.
The company, which is part of French auto giant Renault Group, showcased on Wednesday three electric vehicle models and announced plans for a concept car at the ongoing Tokyo Motor Show.
Say hello to these young winners of the Nissan Student Brand Manager 2011 from across the country
Nissan Motor Company, the renowned global passenger car maker, has been outstanding at the domestic front ever since its arrival.
'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 vehicle will be soon available in 1.5 litre petrol version.
It will launch nine models in the next two years.
"Nissan will compete in the entry-car market with a dedicated new A platform that will be used for at least three models, including the next generation of Micra, and will be built in five Leading Competitive Countries (LCCs)," the company said. The company said production sites for the new family of compact cars would include the new plant in Chennai being constructed by the Renault-Nissan Alliance.
Nissan, Japan's third largest auto maker and Renault, France's second largest car maker, share vehicle platforms, engines and several components to meet economies of scale and generate volumes in India, where they use a common manufacturing facility in Chennai.
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