Cents Indian
The Latest Automotive Industry News Reports That Nissan Is Building A Plant In India
Take a look at what’s going on in news on the automotive industry. 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 cover a whopping 85 per cent of the car market in India. They will have 11 dealerships operating in the country before this years’ end. By 2012 Nissan has projected they will increase the 11 dealerships to 55. Among their many goals is to have their dealerships in place within the immediate future. In doing this they want to have the dealers collectively capable to achieve success.
Nissan plans to outsource many of their components. Next year their goal is to send out components worth $20 million. This number is anticipated to double within two years. Additionally, Nissan plans to export cars from their headquarters in India to more than one hundred countries.
The global automotive industry news explains that Nissan will be hiring 56 employees by the end of this year. This number will double in size within the following year. The production workers will be located in the new headquarters that covers 10,000 square feet. The state of the art building will feature open workstations. Nissan plans to promote friendliness along with a culture of openness. Nissan has warned that they plan to be a major league player in India. Next year they will begin producing the Global Compact car that will be solely manufactured in India.
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 global automotive industry news.
Nissan presently has 5.5 per cent of the auto market. Their plans are to increase this number with the opening of additional Indian dealerships along with a lineup of new models. A hatchback, which is built on the V platform, will be the entry car in the Indian market. Nissan will also offer two other autos one of which is a utility vehicle and the other being a sedan. They point out that there are no plans to offer the A segment initially.
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.
Nissan has always been a major competitor. They have also been a major leader. Their new plans are proof that they intend to carry on with these traits in the future years ahead. Nissan has reached another level in the automotive industry news, and there is even more to come.
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