{"id":529244,"date":"2010-04-15T23:01:01","date_gmt":"2010-04-16T03:01:01","guid":{"rendered":"http:\/\/www.egmcartech.com\/?p=54925"},"modified":"2010-04-15T23:01:01","modified_gmt":"2010-04-16T03:01:01","slug":"nissan%e2%80%99s-3000-tata-nano-rival-expected-to-increase-company%e2%80%99s-profitability","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/529244","title":{"rendered":"Nissan\u2019s $3,000 Tata Nano rival expected to increase company\u2019s profitability"},"content":{"rendered":"

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Nissan’s upcoming $3,000 Tata Nano rival for the Indian market is expected to increase the company’s profitability as it takes advantage’s of its local partner’s, Bajaj Auto Ltd., low-cost production techniques.<\/p>\n

Gilles Normand, Nissan’s corporate vice president in charge of Africa, the Middle East and India, said that while in talks with Bajaj, the company “discovered that their margin on three-wheeler activities is by far above our current margin on our four-wheeler activities.” He said that “the low-cost car will contribute to our growth in terms of volume and profitability.\u201d<\/p>\n

The subcompact vehicle, expected to debut in 2011<\/a>, will go on sale in India in 2012. The $3,000 price-tag is being kept as a goal to stay competitive with the Tata Nano.<\/p>\n

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About 50 percent of the Indian four-wheel auto market consists of models priced below $8,000, Normand said.<\/p>\n

– By: Stephen Calogera<\/em><\/p>\n

Source: Automotive News<\/a> (Subscription Required)<\/p>\n

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Nissan’s upcoming $3,000 Tata Nano rival for the Indian market is expected to increase the company’s profitability as it takes advantage’s of its local partner’s, Bajaj Auto Ltd., low-cost production techniques. Gilles Normand, Nissan’s corporate vice president in charge of Africa, the Middle East and India, said that while in talks with Bajaj, the company […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-529244","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/529244","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=529244"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/529244\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=529244"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=529244"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=529244"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}