Now Japanese automaker Nissan also want to bit Indian hatchback car market so, it is coming with a hatchback too like Maruti & Hyundai cars. The director of Nissan Motor India “Mr. Neeraj Garg” said to media "The Hatchback is being developed in Japan keeping in mind the conditions and requirements of the Indian market," adding, it would be cost between Rs. 3 akh & Rs. 4 lakh.
It plans six new launches by 2012, including a hatchback car in the volume segment and commercial vehicles. The small car will be produced at its upcoming Chennai factory, slated to start production by 2010, a senior company official said.
"Getting the pricing right is a key issue. But we feel that if others players like Maruti, Tata or Hyundai can do it, why can't we," Garg said, adding that the exports would allow Nissan to be competitive in the global supply chain network. Nissan and Renault are setting up a passenger vehicle plant in Oragadam, near Chennai and the 50:50 joint ventures will invest Rs. 4,500 crore for a 4-lakh capacity plant. Though they will launch cars under their individual brands, Nissan is expected to take the lead in the future.
