Nissan working on a USD 2500 car to take on Tata’s Rs. 1 lakh car
May 5th, 2007 Leave a comment Visited 31 times, 1 so far today
Nissan working on a USD 2500 car to take on Tata’s Rs. 1 lakh car
Nissan Chief Executive Officer Carlos Ghosn has said in a statement that the company is indeed working on designing a $2,500 car.
They plan to take on Tata Motor’s upcoming Rs. 1 lakh car which is currently scheduled to be launched in the market sometime next year.
Ghosn said in a statement: “We are working on how we can make a car for $2,500. A Nissan advance engineering group is doing the study.”
Ghosn’s Renault has already launched their Logan Sedan in the Indian market which has been designed to be cost effective and practical.
Ghosn added in his statement: “In India one competitor has announced a car for next year at $2,500. I take that challenge very seriously. If you ask any car manufacturer if they can make money on a car that costs $2,500, the answer is always going to be no. Until somebody does it.”
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May 6th, 2007 at 1:54 pm
WELL I DO BELEIVE IN TATA GAOL FOR A 1 LAKH CAR..I HAVE BEEN STUDYING AND HEARING A LOT OF IT..I AM WAITING TO SEE IT..I KNW A LITTLE ABOUT CARS..BUT WILL SAY HATS OFF TO TATA AND LET HIS DREAM COME THROUGH..WILL I WOULD SUGEST THAT IF NISSAN IS PLANNING TO DO SO ..GREAT ..I WOULD LIKE NISSAN TO COME OUT WITH AN ELECTRICAL ENGINE ( MOTOR ) FOR THEIR $2500 CAR..THAT WILL BE ENVIROMENTLY FRIENDLY AND WILL SURELY HELP OUR PLANET …I WILL SURELY BUY THE ELECTRIAL VERSION..ALL THE BEST TOO THE TWO COMPANYS