Nissan announces V platform for small cars
Japanese automaker Nissan is working on a brand new platform named V for small cars that would be launched in markets like China, India and Thailand.
The company has been reportedly working on this new platform for their new generation cars since 2005.
A Nissan representative said: “Europe can [...]
Customers in USA are switching from SUVs to fuel efficient cars but the opposite is happening here in India.
Indian market is largely dominated by small cars. But a lot of new car buyers are turning their attention to sports utility vehicles.
And automakers are responding with new exciting launches.
Here are some of the [...]
Hyundai skipping Tokyo Motor Show 2009
South Korean automaker Hyundai has announced that they have decided to skip the Tokyo Motor Show 2009.
The company did not give any official reason for this decision but it looks like one of their cost cutting measures.
Hyundai had in fact paid the $122,000 non-refundable fee for a [...]
Seven new Nissan cars in India by 2012!
Nissan has announced that they are working on concrete plans to launch seven new models in the Indian market by 2012.
Out of these at least five would be manufactured locally while the rest would be imported.
Nissan is further aiming to achieve a five percent market share in [...]
Nissan X-Trail and Teana set to be updated in India
Nissan India is all set to launch updated versions of their X-Trail and Teana models.
These new versions are expected to arrive next week.
These new models would continue to arrive in India as CBUs and hence the pricing is unlikely to drop.
Market sources [...]
Toyota gained most from the US Cash-for-Clunkers program
The Cash-for-Clunkers ended earlier this week in the US market and we now have some details.
Japanese automaker Toyota was the prime gainer from this program.
The company accounted for 19% of all sales during the period and had two of the top three selling models.
US government [...]
Nissan and Chrysler end their collaboration
Nissan and Chrysler have announced that they are now ending their collaboration on developing cars and trucks.
The two companies said in a statement: “For the past several months teams from both companies have been studying the viability of the projects in light of significant changes in business conditions. Today, it [...]
Nissan Micra to be manufactured in India
Nissan Motors has announced their plans to manufacture their small car Micra in the Indian market.
This car would be manufactured at their upcoming plant in Chennai.
This new plant is expected to be operational from next year.
It would have an initial manufacturing capacity of 200,000 cars [...]
Nissan would manufacture electric cars in USA
Nissan Motor has announced that they are soon going to start manufacturing electric cars in the US market.
They are aiming to benefit from the collapse of the American auto giants like GM, Ford and Chrysler.
The company would manufacture both cars and batteries at its plant in Smyrna, Tennessee.
These [...]
Tesla Motors gets $465 million in federal loans
Electric car maker Tesla Motors has announced that they have won $465 million in federal loans from the US government.
The company would use these new funds to build two plants in California.
Ford Motor and Nissan are two other automakers who have received similar help from the [...]
