Web Sify
Follow us on
Mail
Print

Nissan to launch small sedans

Source : BUSINESS_STANDARD
Last Updated: Sat, Feb 08, 2014 18:46 hrs
​Nissan Terrano

Nissan Motor Company is planning to introduce light sports utility vehicles (SUVs) and sub-four-metre sedans. It aims to increase its market share from 1.1 per cent to 10 per cent in three-four years.

Toru Hasegawa, corporate vice-president (India, Africa and West Asia), said, "Last year, sales of hatchbacks and mid-sized sedans declined 10 per cent and 30 per cent, respectively, in India. The segments seeing growth are light sports utility vehicles and sub-four-metre sedans and we will focus on these segments. By 2016-17, we want to be a major force in the Indian market."



Nissan is the latest among many car manufacturers to have evinced interest in the sub-four metre space. These include Hyundai (sedan XCent), Ford (sedan Figo Concept), Tata Motors (sedan Zest), General Motors (concept SUV Adra), Fiat (Avventura) and Volkswagen (concept SUV Taigun).

blog comments powered by Disqus
most popular on facebook
talking point on sify finance