Take a look at what's going on in latest automotive industry news. 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 export cars to more than one hundred countries out of its headquarters in India in the near future. Next year the goal will be to source $20 million worth of components while increasing the number to $40 million within two years.
According to automotive industry news, Nissan will begin producing the Global Compact car in their Indian facility next year. Nissan has made it clear that they plan to be a major player in the Indian market just as they have been in the United States and other countries. The production of the compact car will happen in their new corporate facility in India. The 10,000 square feet building will offer employment to 56 people. Another goal is to nearly double this number by the next year. The new facility offers state-of-the-art everything. This, along with artsy interiors and open work-stations will contribute to the culture promoting an open feeling and spreading friendship.
The latest automotive industry news explains how Nissan will open their facility in India by offering nine models to the country. They have expressed that they need to show they mean to be a major competitor to contend with and they explain that the new models will eventually be proof of their success.
While Nissan has made it clear they do not have any immediate plans for the A segment, a hatchback, built on V platform will be the first car produced in India by the large manufacturer. There will be two other models: one, a sedan, the other a utility vehicle. While Nissan enjoys a 5.5 per cent of the automobile market they plan to significantly increase this number by offering the new lineup and being able to offer this project in India.
Perhaps the competition will be offered mostly with the low cost manufacturing of the compact model while there will also be luxury cars. These will be supplemented by commercial vehicles that will be of the lighter manufacturing. Just six months back it was not certain how the manufacturer would attack the changing market. They have cleared any doubts among other manufacturers after announcing their future plans.
Nissan has reached another level in the news on the automotive industry, and there is even more to come. Check out a automotive repair industry news blogs to keep up-to-date.
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