Nissan hopes to launch $2,500 car (Php120k) !!!

[claRkEnt]

if this would be exported and sold to the philippines, brace up a 24-hours bumper-to-bumper traffic!

Nissan hopes to launch $2,500 car in India in 2010
Agence France-Presse
Last updated 05:39pm (Mla time) 10/24/2007

CHIBA, Japan -- Nissan and Renault hope to start selling a car for about $2,500 in India in around 2010 along with their local partner there, chief executive Carlos Ghosn said Wednesday.

"We have already practically decided all the attributes of the car," Ghosn told reporters at the Tokyo Motor Show.

"We have the full intention to do it -- if it's feasible. Hopefully this is going to be 2010 in India," he said.

Ghosn, who heads both Japan's Nissan Motor Co. and its French partner Renault, said he would visit Indian partner Bajaj Auto next week for talks on the car.

He said that it appeared possible to make a $2,500-car for India, but the big question was whether it could be exported to other markets such as Europe, China, Brazil, Mexico or even the United States.
"But the first step is to make it for India and to make it competitive," he added.

The car will be mostly produced by Indian partner Bajaj with the support of the Nissan-Renault alliance, Ghosn added.

The world's automakers are increasingly setting their sights on India, which is one of the world's fastest growing automobile markets.

Indian automaker Tata Motors plans to introduce its own $3,000-car in its home market next year.

[Masterplan96]

Well I dont think they would export the car because it would only increase the price. Most likely if they were to introduce it to the market here they would assemble it locally - makes more financial sense to do so on a cheap car.

http://www.nissanforumsph.com

[RED XIII]

woow... that's what countries like us needs.. very nice concept, hope they'll execute it.

[meledson]

Sana nga ma import din iyan sa atin o dito mismo i-assemble.. :D

[noj]

hmm. magkano naman kaya ang dollar sa 2010.

[HIFI]

Indian made car...hmmm. Baka parang Suzuki Alto yan.

Kung parang Alto, at P120T....bibili ka ba?