Nissan has revealed at the
Geneva Motor show 2010, that it is contemplating to produce a ultra low cost car on a JV with
Ashok Leyland, proposing an attractive price tag of this mini car between Nano at the lower end and Swift at the upper end.
“We are studying the possibility of tying up with Ashok Leyland and some other manufacturers in China and Indonesia for a small car project,”
Carlos Ghosn was quoted as saying to Indian reporters at the Geneva Auto Show.
What we might guess,the car might be similar to Nuvu concept revealed previously.
The two companies had formed a JV –
Ashok Leyland Nissan Vehicles Pvt Ltd – in which the Ashok Leyland has 51 per cent stake and the rest is held by Nissan, to manufacture LCVs. The two firms had announced three JVs in 2007 for making LCVs, powertrains and developing technology, and gearing up a plant at Pillaipakkam near Chennai, ideating a total investment of Rs 2,300 crore.
Nissan finds India, enthralling to new low cost base and scotch orchestrating skills. As according to the Executive Vice President
Colin Dodge of Nissan, Volkswagen or GM or Ford could not afford to produce Nano-like cars unless they have a JV with local firms already stipulated to low cost production. He also added, the Japanese and Europeans have lost the ability to go back to basics and engineer a low cost product for the masses.
Nissan is also a fellow partner along with
Bajaj and
Renault, to bring about a cheap car that is yet to kick off from their ideas into production.
So, soon we might expect a battle among Nano and it’s new rivals, but we are safe and lucky to get small cars with a good value for money.
Source :
New INR 2.5 Lakh Small Car: Nissan To Partner with Ashok Leyland ? | Indian Cars & Motorcycles Blog