Nine new Nissan Models in India by 2012

Yesterday, Japanese automaker Nissan said it plans to have as many as nine models by 2012 out of which five will be locally made as the company aims to capture around 5% of the Indian market. The company along with its French parent Mahindra Renault is investing Rs 4,500 crore in a car plant here, which will start commercial production from May next year and employment in the facility will increase to 3,000 by 2012 from 700 now. We plan to have a total of nine models in the Indian market by 2012, of which five would be made in India, told Nissan Motor Co Vice-President Colin Dodge. Nissan will bring three new models during 2009 without specifying details.

The company has just two imported models, SUV Nissan X-Trail and sedan Nissan Teana, in India. Globally, Nissan has five per cent market share and in India also we hope to have around the same level. For that, Nissan and Mahindra Renault are setting up their car plant in Chennai under a joint venture, Renault Nissan Automotive India Pvt Ltd. Nissan will also expand its dealerships to 55 by 2012, from the current 11 for which  employee strength will have to be increased to 3,000 by 2012. The Chennai plant would have a total capacity of four lakh units annually and the company would source local components in large amount and its cars would have 85 per cent localisation of components. One can buy and used cars of India at Cardekho.com.

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