Nissan India plans two new launches by next year

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Japanese auto major Nissan may launch two new vehicles in India by 2012, a top company executive said today. According to Kiminobu Tokuyama, Nissan Motor India Managing Director and CEO, a global sedan will be in market this year and another vehicle, which is expected to compete with Toyota's Innova, will be launched in 2012. 

"The sedan will be built on the same platform on which the Micra is built. It will be launched first in China. It will be manufactured in our Chennai plant for Indian market. We will launch the vehicle in 2011," he told media persons here. 

To a question on the current crisis in Japan created by earthquake and tsunami, he said there has been no impact on the Indian manufacturing process though there could be some affect on European markets. 

Tokuyama said the company expects to export 1.1 lakh units of Micra to Europe, Africa and West Asia. 

"We started exports in October last and we have so far exported 55,000 units to Europe Africa and Middle East (West Asia). We expect to export 1.1 lakh units by October this year," he added.


[Source:economictimes.indiatimes.com]

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