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.
Nissan Micra is an Indian A2 hatchback with a difference.
The Renault-Nissan alliance aims to have a 10 per cent share in the Indian passenger vehicles market
The price increase is marginal and the company is confident that the customers will appreciate its efforts to offer globally renowned products at affordable prices.
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.
The hatchback model is christened as K2 and will take inspiration from Micra.
Japanese auto major Nissan is recalling around 12,000 units of various models.
Car sales are experiencing a challenging phase with around Rs 60,000 crore worth of inventory lying unsold with dealers.
The Renault-Nissan alliance currently employs around 8,000 workers at its Chennai plant
Under the MCA, one of the joint venture would be to manufacture LCVs, in which Ashok Leyland would have an equity stake of 51 per cent and the Nissan 49 per cent, Gopichand P Hinduja, President of the Hinduja Group and Carlos Ghosn, president, Nissan, said.
Future and concept cars at the New York International Auto Show.
US space agency aims to start testing the first such vehicle by the end of 2015
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.
The company on Thursday introduced its luxury sedan Teana.
Japanese auto major Nissan is poised to launch its premium sedan Teana in India next week, industry sources said.
German auto major Daimler and Franco-Japanese alliance Renault-Nissan on Wednesday announced a three-way tie up, including equity swaps, for co-operation in development of small cars and light commercial vehicles.
Twice winner Fred Couples withdrew from the Nissan Open on Tuesday because of an unspecified injury, PGA Tour officials said.
The new global Sedan, 'which is the second product after the launch of Micra from Nissan stable', would be displayed at the eighth China (Guangzhou) International Automobile Exhibition, scheduled to be held in December, the company said.
The Chennai plant has been co-developed by Renault and Nissan at an investment of Rs 4,500 crore (Rs 45 billion) with an annual capacity of 400,000 units.
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.
"Nissan is here to fulfil the diverse motoring needs of Indian customers. The car enables discerning performance car enthusiasts in the country to live fast with its breath-taking performance, cutting-edge technology and seductive design and at a very attractive price," Nissan Motor India Pvt Ltd's managing director and chief executive officer, Kiminobu Tokuyama, said at the launch.
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?
Retail rates of the fuel will now reflect international movement in oil prices.
According to industry sources, Nissan will roll-out the latest generation Micra from the plant in May for the Indian market.
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.
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 first trial consignment of six cars left for Barcelona from its Oragadam plant (near Chennai) through the Ennore Port, on Monday.
The Oragadam facility is being set up by Nissan along with its joint venture partner Renault with an investment of Rs 4,500 crore spread over seven years.
Of the 15 car manufacturing companies in India, eight have a market share of below 2 per cent, raising questions about their long-term future in a competitive market that has already seen Ford Motors and General Motors slam the door on India.
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
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.
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.
The diesel version scores over petrol in ride quality.
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
Nissan also has a car-manufacturing tie-up with its global alliance partner Renault.
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, 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.
The affected vehicles were produced in Japan between 2004 and 2013.
'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.'
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