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Japanese auto major, Nissan, which is setting up a Rs 4,500-crore (RS 45 billion) car-manufacturing facility with Renault in Chennai, said that the project is on schedule and that its first car would roll-out before summer 2010.
Nissan has several joint ventures in India. The one with Ashok Leyland is for manufacturing light trucks for the domestic, as well as export markets.
The wholly-owned subsidiary of the company, Nissan Motor India, will start selling the car from July, for which bookings will open from Tuesday.
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.
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.
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)."
Announcing their first product carrying Ashok Leyland's badge under the joint venture -- the 'Ashok Leyland DOST' -- in Chennai on Tuesday, Hinduja Automotive chairman and Nissan Ashok Leyland Powertrain Ltd chairman V Sumantran said another product from Nissan's stable would be launched next year.
This new model will go on sale first in China in January 2011.
Active starts at Rs 350,000 and the other at Rs 479,000.
Nissan Micra is an Indian A2 hatchback with a difference.
The two partners have said they will produce 150,000 vehicles as part of their phase I plans from their existing facilities and they said, the greenfield facility is "very much" on the cards.
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 recently launched multi utility vehicle Nissan Evalia will not be affected, the company said in a statement without disclosing the quantum of hike.
Nissan currently imports X-Trail and 370Z coupe as completely built unit.
Japanese auto maker Nissan on Wednesday said it will source auto components worth $40 million (around Rs 185 crore) from India by 2012.
Nissan had relaunched the Datsun brand, its third global brand, along side Nissan and Infiniti, in March 2012.
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.
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.
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.
It was only an exterior launch, not the actual car, but what he saw left Rediff.com's Rajesh Karkera hugely impressed.
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.
"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.
It will launch nine models in the next two years.
The company has a joint manufacturing facility at Oragadam set up with an investment of Rs 4,500 crore (Rs 45 billion).
Carmakers usually come up with such year-end announcements.
The affected vehicles were produced in Japan between 2004 and 2013.
Months after Mahindra & Mahindra (M&M) exited a joint venture with Renault and Nissan Motor, the French and Japanese auto firms have got their car project back on the road, signing an MoU today with the Tamil Nadu government for a greenfield facility near Chennai.
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).
Japanese car major Nissan on Tuesday said will hike the prices of its vehicles, including hatchback Micra and sports utility vehicle Terrano in India, by up to 4 per cent from next month in order to offset the impact of rupee depreciation and escalating input costs.
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.
The alliance will extend an existing partnership between the two.
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 unveiled its compact car redi-GO under the Datsun brand that will hit markets in June.
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.
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.
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