Nissan to introduce its third Datsun car in the market
Advertisement
Advertisement
After the Datsun Go and Datsun Go+, Japanese carmaker Nissan will also announce the India launch of another car for the
The Datsun Ready Go will be made on the Common Module Family- A platform, which is an arrangement between alliance partners Nissan and Renault to build a wider range of cars from a smaller pool of parts, resulting in cost savings. The latest launch of Renault, a compact hatchback called Kwid, is built on this platform. For a compact car priced attractively under Rs 4 lakh, it comes with fittings like a navi gation system. Launched in September last year, the Kwid has 85,000 bookings so far, according to Colin Macdonald, managing director at the Renault Nissan Alliance.
The strategy for Nissan this year would to attempt to increase market share from the current rate at aober 1.5% to 5% in the Indian passenger car segment, which saw the sale of over 26 lakh cars in the fiscal year 14-15, when the segment registered a year-on-year growth of 3.9%.
"Besides product launches, we will al so increase our dealer network to 300 by 2016 to reach out to more customers and strengthen our after-service sales network," said Sicard.
Advertisement
Renault and Nissan, which runs its Chennai plant of capacity 4.8 lakh cars on a system to drive engine synergy, produces about 2.7 lakh cars a year, with Nissan taking up about 1.6 lakh cars of total production.
The alliance had signed a memorandum of understanding with the state government of Tamil Nadu to investment Rs 4,500 crore as the initial investment target for the factory. Now, their investment stands at Rs 6,100 crore.
Nissan executives said discussions are on with the state government officials to sign the understanding.
Image credit: Indiatimes
Advertisement
Advertisement
- I quit McKinsey after 1.5 years. I was making over $200k but my mental health was shattered.
- Some Tesla factory workers realized they were laid off when security scanned their badges and sent them back on shuttles, sources say
- I tutor the children of some of Dubai's richest people. One of them paid me $3,000 to do his homework.
- Why are so many elite coaches moving to Western countries?
- Global GDP to face a 19% decline by 2050 due to climate change, study projects
- 5 things to keep in mind before taking a personal loan
- Markets face heavy fluctuations; settle lower taking downtrend to 4th day
- Move over Bollywood, audio shows are starting to enter the coveted ‘100 Crores Club’