Nissan to launch 370Z sports in India
Published On Jan 18, 2010 12:57 PM By Ritesh for Nissan 370Z
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Japan based car manufacturer Nissan Motor has decided to launch its all new Sports sedan, Nissan 370Z in India on 20th January this year. By launching 370Z in India the company will enter in the league of sports sedan selling companies in India which includes Audi(which rolled out its R8) and BMW (will be launching Z4 roadster soon). The Nissan 370Z model is known as the Fairlady Z in Japan. The 370Z has a powerful 7-speed automatic 6-speed manual transmission engine despite the light weight accessories like aluminum door panels, hood and hatch the 370Z weighs around 3000lbs. The 370Z is sixth-generation of the Nissan Z-car series with a 3,696 cc V6 engine that outputs 336 PS@7000rpm and 365 Nm@5200. The model was first shown at an event in Los Angeles before its official launch at the Greater LA Auto Show 2008.
According to company spokesperson Suresh Rangarajan, “The new sports car model Nissan 370Z would be introduced in India on 20th January and shall be third in the series of fully imported cars launched here, after Teana and X-Trail”. According to him the company has plans to introduce 4 new models in India under its fully imported category cars. He also added that the market for sports cars is somewhat limited but after a period of time the market for these types of cars will increase.
On the other hand Nissan Motor India Private Limited (NMIPL) which is a 100 per cent subsidiary of Japan Based Nissan Motor is ready to launch its compact car Micra in India in May 2010. According to the company its Indian Plant would produce first two models on the V-platform though the place of production for the third model is yet to be decided. The model will be produced using 85% Indian content though its small portion is being sourced from China. Nissan Motors which is one of the major automobile companies around the world has global market share of 5.67 per cent and the company is targeting to achieve 5.5 per cent market share in India within a time frame of 3 to 5 years.
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