ID :
86761
Thu, 10/29/2009 - 22:48
Auther :
Shortlink :
https://www.oananews.org//node/86761
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Nissan to sell cheap cars to augment its share on markets
.
29/10 Tass 77
TOKYO, October 29 (Itar-Tass) - Japan's Nissan Motor Company (NMC)
plans sharply to augment its share on the markets of developing countries,
including Brazil, India, and Russia, resultant of selling cheap cars.
Closer cooperation with local car makers is one of key elements of this
strategy, an official at the NMC head office told Itar-Tass on Thursday.
Beginning from 2010, Nissan intends to start the shipment of
small-size March-model hatchbacks to 150 countries. The cars are to be
sold at about $10,000. However, NMC experts have arrived at a conclusion
that this price level is not right for a number of promising developing
countries.
An NMC press service official told Itar-Tass that the Company is
planning to start the production of a new car in Russia and that all the
components will be made on the spot by the personnel of the
French-Japanese Renault-Nissan alliance and the AvtoVAZ. This will make it
possible to cut expenditure. The Company does not so far disclose
information on a date for the commencement of sales, a future price of the
car model and even its name. However, the Company expects that the new car
model will enable it to boost sales in the Russian Federation.
In India, the Nano car, made by the Indian company Tata Motor, remains
the cheapest one, priced at about $2,500. However the Renault-Nissan, in
conjunction with the local auto car making company Bajaj, has set about
developing a car with a cost of about $3,000 and through it intends to
getanedge over the competitor.
Nissan has no less serious plans in Brazil, where it intends to start
selling a cheap LOgan-model car which is already in quite a good demand in
neighbouring Mexico.
At the same time the NMC management points out that, considering
mounting competition, it is already impossible to achieve a reductio in
car prices without cooperation with local makers. This has already been
repeatedly emphasized by Carlos Gon, president of the Renault-Nissan
alliance, in his speeches.
-0-pop
29/10 Tass 77
TOKYO, October 29 (Itar-Tass) - Japan's Nissan Motor Company (NMC)
plans sharply to augment its share on the markets of developing countries,
including Brazil, India, and Russia, resultant of selling cheap cars.
Closer cooperation with local car makers is one of key elements of this
strategy, an official at the NMC head office told Itar-Tass on Thursday.
Beginning from 2010, Nissan intends to start the shipment of
small-size March-model hatchbacks to 150 countries. The cars are to be
sold at about $10,000. However, NMC experts have arrived at a conclusion
that this price level is not right for a number of promising developing
countries.
An NMC press service official told Itar-Tass that the Company is
planning to start the production of a new car in Russia and that all the
components will be made on the spot by the personnel of the
French-Japanese Renault-Nissan alliance and the AvtoVAZ. This will make it
possible to cut expenditure. The Company does not so far disclose
information on a date for the commencement of sales, a future price of the
car model and even its name. However, the Company expects that the new car
model will enable it to boost sales in the Russian Federation.
In India, the Nano car, made by the Indian company Tata Motor, remains
the cheapest one, priced at about $2,500. However the Renault-Nissan, in
conjunction with the local auto car making company Bajaj, has set about
developing a car with a cost of about $3,000 and through it intends to
getanedge over the competitor.
Nissan has no less serious plans in Brazil, where it intends to start
selling a cheap LOgan-model car which is already in quite a good demand in
neighbouring Mexico.
At the same time the NMC management points out that, considering
mounting competition, it is already impossible to achieve a reductio in
car prices without cooperation with local makers. This has already been
repeatedly emphasized by Carlos Gon, president of the Renault-Nissan
alliance, in his speeches.
-0-pop
