Wednesday, 3 October 2012

Nissan's Datsun India small car to be priced less than 4 Lac

Since Nissan has backed out of the Bajaj-Nissan's Ultra Low cost car (ULCC) project, the car maker is now mulling its own low cost brand in India, Datsun which as per the  company would be launched below 4 Lac.

The company had last month said two products from the Datsun brand would be launched in India, Indonesia and Russia by FY14 and another one would follow in three years after these have been launched.

"Specifically, in India, our core offer will be priced below (Rs) 4 Lakh. For Indonesia, less than $10,000. For Russia, the core offer will be below 400,000 Rubles," a Nissan India spokesperson said.

"We have decided against further collaboration with Bajaj on a four-wheeler vehicle. Outside India, the Renault-Nissan Alliance is addressing "price-entry" segments in many emerging economies, such as Indonesia, China and Russia," a spokesperson of Nissan Motor had said.

In all, Nissan plans to launch 10 new models, including the Datsun brand, in India by 2016. Meanwhile, click here to view more on design details of Datsun's planned models for India. 


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