Find Out The Latest Automotive Industry News
Ben Pate
Take a look at what’s going on in automotive industry news. Nissan Motor India Pvt. Ltd. recently opened its corporate office at T. Nagar, Chennai, under the leadership of Kiminobu Tokuyama. The partner with Nissan, Renault Nissan Automotive India Private was also present for the inaugural celebration. This comes at a time when the Indian car market is expected to heat up.
Nissan plans to have 11 operating dealerships in place by the end of this year. This figure is projected to rise to 55 dealers by 2012. Having this number will allow them to cover 85 per cent of the Indian car market. Their goal is not only to have the dealerships in place but also allow each dealer to be capable to achieve operational success.
Nissan plans to export cars to more than one hundred countries out of its headquarters in India in the near future. Next year the goal will be to source million worth of components while increasing the number to million within two years.
Next year Nissan will begin producing their Indian locally made Global Compact car. Nissan says they have moved into India where they plan to be a major player in the auto industry. The production will take place in the 10,000 square feet facility that will be home to the initial 56 employees, which they plan to nearly double in size within the following year. The office is complete with state of the art interiors with open workstations. The intent is to promote a culture of openness and friendliness.
Nissan points out that the company is entering the Indian market knowing they will be very successful. They point to the fact that this can be proved since they will have nine models available in the country. This has been the hype circulating in automotive industry news.
A hatchback, built on V platform will be the first Indian produced car. Two similar autos will be built, one will be a utility vehicle the other will be a sedan. Nissans 5. 5 per cent of the market plans to achieve more with the new model lineup supplemented with the Indian dealerships. Nissan made it clear that they do not have any plans for the A segment at this point in time.
Just recently it was not clear how Nissan would react to the changing market. They cleared any doubts to other manufacturers and dealers since they have announced the manufacturing of the low cost compact model as well as luxury cars supplemented by light commercial vehicles. Nissan plans to get the low cost car from Bajaj Auto, in Pune. The light commercial vehicles will come out of its joint venture with Ashok Leyland Ltd.
It is clear that Nissan and their partner companies have proven they know how to lead and to compete. With their new Indian plan they will prove their new found strength in the country of India. You can receive further details by subscribing to an automotive industry news letter, or accessing automotive industry news blogs.
