After Suzuki, Hyundai and Skoda, its Nissan that plans to launch a small car in India. Nissan is planning to launch six new models in India by the year 2012. According to the company’s senior officials, Nissan is planning to launch a new hatch back model by the year 2010. The production for the same shall commence next year at its Chennai factory.
The small car segment in India accounts for nearly three-fourth of the market share. Nissan is ready to have its own share from the billion dollar industry in India. It shall also source Suzuki’s A-star to export it to European market and shall also export its own small car from India.
Nissan currently imports its sedan Teana and SUV X-Trail in India. Director of Nissan India Motors said, “While today Nissan has two product offerings, by 2012 we will have 8 products, ranging from entry-level car and commercial vehicles to high-end SUVs and sedans.”
The new hatch back model shall be placed in the price bracket of Rs 3-4 lakhs and its currently being developed in Japan keeping in mind requirements and conditions of the Indian market.
