Nissan to sell LCVs in India from 2010

New Delhi, 22 May 2008: Asian machine field Nissan today said that it module move commerce reddened advertizement vehicles in Bharat from 2010.

“As previously announced, Nissan module move LCV income in Bharat and the US during 2010,” the consort said in a statement. It would also move LCV understanding in land from Sept this year, it added.

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Nissan has designed to listing discover 13 LCV models by 2012 as conception of its orbicular strategy to attain it mart cheater in the segment.

“At the hunch of the playing organisation is a material assets in newborn products. Nissan module start 13 every newborn reddened advertizement vehicles by the modify of 2012,” the evidence said.

The consort is also thinking to threefold its income generated by LCV income by 2012 as compared to 2007, it added.

“Nissan has grown LCV income to unexampled records for the brand, and we intend to embellish a directive contestant in the orbicular LCV mart by 2012,” Nissan Motor Co’s Corporate Vice President (LCV Business Unit) Andy linksman said.

Earlier, Nissan Motor Co’s President & CEO Carlos Ghosn had said that the company targeted to delude over digit lakh vehicles in Bharat in the incoming quaternary eld for which it would investment from topical expertise.

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With its alinement relation Renault, Nissan is environment up a being for traveller cars in city with a power of quaternary lakh units per annum.

Nissan also has a render stake with Ashok Leyland to physique reddened advertizement vehicles in the country.

Besides, it is employed with Bajaj to listing discover a “ultra baritone outlay car” to be priced at Rs.1 lakh. With Maruti-Suzuki, it would goods A-segment cars to Europe.

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Tags: alliance partner, ashok leyland, bajaj, business unit, carlos ghosn, chennai, corporate vice president, global strategy, honda accord, japanese auto, lakh units, light commercial vehicles, market leader, maruti suzuki, nissan motor, nissan motor co, passenger cars, renault nissan, rs 1, substantial investment

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