Datsun New Cars in India
Datsun is not a new brand; it has been around for decades, and indeed Nissan's first foray into the US market was badged as Datsun. Defunct for some years now, Nissan has chosen to resurrect the brand. It will form the low-cost brand from Nissan, as it seeks to take a tiered approach to global car markets. The brand Datsun has been revived for emerging markets in Asia and Africa, and the product portfolio is likely to include basic hatchbacks, entry-level sedans and small MPVs. Older, fully-capitalised platforms from Nissan will form the base of these vehicles. An India-market launch of the first Datsun product is due within a year, which will most likely be a cheap hatchback based on the previous-generation Micra platform.
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Datsun Car in News
It hasn't been the best of years for the Indian auto industry. Data compiled by the Society of Indian Autmobile Manufacturers (SIAM) shows that over the past 12 months, production has grown by just 1.2 %, from April 2012 till March 2013. The industry produced 1,685,355 vehicles in March 2013 as against 1,845,868 in March 2012, which declined by (-) 8.70 percent.
The Society of Indian Automotive Manufacturers (SIAM) has released a White Paper today, strongly opposing the proposed Free Trade Agreement (FTA) with the European Union. The proposed India-EU FTA seeks to curb and eventually cease import duties on completely built-up (CBU) vehicles imported into India from the European Region. SIAM’s contention is that such a move will adversely impact domestic car manufacturers.
Renault Nissan Alliance boss Carlos Ghosn may vacate the Chief Executive position in 2017, according to some reports. Ghosn is widely recognised as the man responsible for the turn around in Nissan's fortunes.
Nissan Motor India Pvt Ltd (NMIPL) is presently working hard on readying the first Datsun product for the Indian car market, expected to be a hatchback based on the previous-generation Micra platform.
The car price hike post-budget and rising interest rates have taken a heavy toll on passenger car sales in India.