Renault Nissan working on a car just above Rs2 lakh to take on Nano, Alto

04 Jul 2014

1

Nissan's Datsun Go entry-level hatchback, Nissan and Renault now plan to offer a Rs2+ lakh car in India under the Datsun badge.

Andy Palmer, chief planning officer, Nissan Global, confirmed that a new car was in the works and would be manufactured out of India under the Datsun brand, as a volume-model in India.

The car will compete with Maruti Alto 800 and Tata Nano.

Nissan's earlier attempt to penetrate the mall car market did not quite work out with Datsun Go selling about 2,000 units a month, against projected figure of 4,000 to 5,000.

According to commentators while one of the reasons for the dismal performance of Datsun Gocould be the fact that the competition was from well entrenched models like the Maruti Alto and Hyundai Eon, and the absence of a strong dealership network.

The company now plans to put up 200 dealerships by the end of this fiscal year through March and add another 100 over the next two years.

Business History Videos

History of hovercraft Part 3...

Today I shall talk a bit more about the military plans for ...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of hovercraft Part 2...

In this episode of our history of hovercraft, we shall exam...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of Hovercraft Part 1...

If you’ve been a James Bond movie fan, you may recall seein...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of Trams in India | ...

The video I am presenting to you is based on a script writt...

By Aniket Gupta | Presenter: Sheetal Gaikwad

view more