Jan 21, 2009

Nissan to opt for India & Thailand for production of its March & Micra


Nissan Motor Company has announced a shift in the production of the March and Micra hatchbacks to India and Thailand in a bid to reduce costs. These cars are at present being made in Japan and UK.

Nissan Motor Company has announced a shift in the production of the March and Micra hatchbacks to India and Thailand in a bid to reduce costs. These cars are at present being made in Japan and UK.

The Japanese automaker is likely to compete in the entry-car market with a new platform. The platform would be used for three more models including the next generation of Micra and will be built in five of the Leading Competitive Countries (LCCs).

Nissan Motor India Private Limited has signed a Memorandum of Understanding (MOU) with Ennore Port Limited (EPL) to export its vehicles to Europe. NMIPL will be the first automaker to use the eastern gateway port of India as an export base. The total exports are estimated to be 110,000 units in the fiscal year 2011 and this would be enhanced to 180,000 units in a phased manner. Nissan would ultimately outsource the production of its smaller hatch backs as its production in Japan has become more expensive.

Source: Infibeam.com News

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Jan 8, 2009

Hyundai Motors to launch revamped Verna


Hyundai Motors India Limited is would soon be launching the Hyundai Verna in India with a fresh look.

Sources revealed that the new Verna has been given cosmetic face-lifts both in the front as well as in the interiors. There may be changes in the interiors, music system with USB port, etc.

The new look have been designed with an aim to give competition to the Fiat Linea to be launched shortly in India. It is to be mentioned here that the existing Verna is a stylish luxury
sedan with awe-inspiring engines and elegant interiors.

Available with 5-speed manual transmission in all variants, it comes with 1.6-litre I4 engine in the petrol variants and a 1.5L I4 turbocharged engine in the diesel variants.

Hyundai Motor India Limited, the country’s largest car exporter has recently launched Hyundai i20, a premium hatchback model and is also planning to launch the new face-lifted Sonata Embera before it launches the revamped Verna in India.

Source: Infibeam.com News

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