Nine new Nissan Models in India by 2012

Yesterday, Japanese automaker Nissan said it plans to have as many as nine models by 2012 out of which five will be locally made as the company aims to capture around 5% of the Indian market. The company along with its French parent Mahindra Renault is investing Rs 4,500 crore in a car plant here, which will start commercial production from May next year and employment in the facility will increase to 3,000 by 2012 from 700 now. We plan to have a total of nine models in the Indian market by 2012, of which five would be made in India, told Nissan Motor Co Vice-President Colin Dodge. Nissan will bring three new models during 2009 without specifying details.

Published On Sep 30, 2009 09:37 IST

Published OnSep 30, 2009 09:37 IST

Last Updated OnSep 30, 2009 09:37 IST

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The company has just two imported models, SUV Nissan X-Trail and sedan Nissan Teana, in India. Globally, Nissan has five per cent market share and in India also we hope to have around the same level. For that, Nissan and Mahindra Renault are setting up their car plant in Chennai under a joint venture, Renault Nissan Automotive India Pvt Ltd. Nissan will also expand its dealerships to 55 by 2012, from the current 11 for which employee strength will have to be increased to 3,000 by 2012. The Chennai plant would have a total capacity of four lakh units annually and the company would source local components in large amount and its cars would have 85 per cent localisation of components. One can buy and used cars of India at Cardekho.com.

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<p>Vidyadhar takes charge of the quality and consistency of the content produced by CarDekho correspondents. With over 5 years of involvement in content & social media marketing, he believes that the www is an ever evolving phenomenon. Considering the ways the web algorithms are evolving, foreseeing the threats and opportunities and managing online business accordingly is going to play a crucial role. He comes from a highly valued content development background, where, during the first phase of his corporate career, he served Westpac, an Australian bank. Later, he came into the context of technical writing where he managed teams that dealt in producing maintenance guides meant for software applications. This part of his career bestowed upon him an outlying vision to see things from end-user perspective. He bagged a masters degree in English and is pursuing MBA in Digital Marketing at the moment. </p>Read more

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deepak

Oct 1, 2009, 12:04:07 PM

"French parent Mahindra Renault": What nonsense is this? Mahindra has nothing to do with Nissan except they produced the Cabstar LCVs which were made earlier by Hyderabad Allwyn under license from Nissan. Renault and Nissan are partners in technology and design. Nissan doesn't have the bad fate to be the offspring of Mahindra. They are one of the most reputed Japanese brands in the world. So please "mind your words".