Latest Car News in India

Wednesday, December 07, 2011

By Pranjal Gera

Local partnerships will help in enhancing competitiveness in India: Nissan

Nissan Motors, the second largest car maker in its base market Japan, is eyeing to enhance its competitiveness in the high growth potential Indian market. The company has said that joining hands with the local auto makers will make it more competitive in the Indian market. According to the company, the tie-up with local manufacturer will help it in coming-up with cost efficient products for the emerging markets like India.

According to Nissan Motors Chief Executive Officer Carlos Ghosn, the company is running very successful ventures with the partners like Ashok Leyland in the Indian market. He added that the ability to develop efficient solutions in the emerging markets like India. Nissan Ashok Leyland tie-up rolls-out 1.25 tonne commercial vehicle, named as Dost, in the country.

These tie-ups will also help the car maker in enhancing its competitiveness in the emerging markets like India. He was speaking at the sidelines of recently inaugurated Tokyo Motor Show.

According to him, the negotiations with the Bajaj Auto are still on for the development of a low cost car for the emerging markets like India. It has been three years since these two car makers are in talks for the development of ULC car.

In India, Nissan has a manufacturing facility in Chennai to which it has established with its global partner Renault, The facility has a total manufacturing capacity of 4 lakh units per annum.

The current line-up of Nissan in the India is of five car models including hatchback Nisan Micra, Mid-Size sedan Nissan Sunny, premium luxury sedan Nissan Teana, compact luxury sports Utility Vehicle Nissan X-Trail and luxury sports cars Nissan 370Z.

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