Nissan is developing a cheap ($US3,000) car for India but chief executive Carlos Ghosn reportedly said the on-sale date had not yet been decided.


Speaking to journalists in Japan, Ghosn said the need for such a vehicle is apparent for the Indian market and because a rival has already announced that one was coming, the Associated Press (AP) reported.


Ghosn reportedly said Nissan Motor would work on the car with alliance partner Renault and a local Indian partner.


“You don’t want to be surprised when the $3,000 car arrives in the market,” he told the news agency. “We are gathering a lot of information.”


Last February Nissan said it would build a new 400,000-unit car and SUV factory in Chennai with Renault and local automaker Mahindra. Production is expected to start in 2009.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Three automakers in on Chennai plant

Just Auto Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Auto Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now