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Nissan Motor India targets two lakh units sale

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IANS Chennai
Last Updated : Oct 09 2013 | 7:06 PM IST

The Indian subsidiary of Nissan Motor Company of Japan targets to sell 100,000 units this year in the domestic market, and 3,000 units per month of its new sports utility vehicle Terrano, said a top company official.

"This fiscal we plan to sell 100,000 units in the domestic market and 100,000 units for export. We will make 3,000 units per month of Terrano," Kenichiro Yomura, managing director and CEO at Nissan Motor India told reporters here.

He said Terrano would be the last new model to be launched by the company this year.

It will also be the last cross badged model in the near term to be launched.

Nissan and Renault have a joint car manufacturing plant near here with a total capacity of 400,000 units per annum.

The plant rolls out near common models which are sold by Nissan and Renault under their own brands.

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"But Nissan and Renault share vehicle platform (architecture) for several models," Yomura added.

While bulk of the vehicles made for Nissan at its Indian plant here are exported, Yomura does not agree that the company is an export oriented unit.

According to him, the company sold 37,000 units last year in the domestic market and exported around 100,000 units. During April-September this year, the company sold 13,000 units in the domestic market.

Yomura said early 2013 Nissan would be launching Datsun model which would be sold through the existing dealerships.

There would be around 145 Nissan dealerships by end of March 2013, and 300-plus dealers by 2016.

Asked about the capacity expansion at the plant near here, which is nearly reaching the maximum capacity, Yomura said: "The production capacity can be increased by 80,000 units with minor investment and an additional shift."

The Terrano comes in six diesel variants and one petrol version. Deliveries are expected to start soon.

The diesel variant price starts from Rs.9,58,892 and goes up to Rs.12,44,820, while the petrol version is priced at Rs.9,78,000.

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First Published: Oct 09 2013 | 7:00 PM IST

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