Monday, 24 February 2014

Nissan Stops Selling Some High-End Vehicles in India

Japanese auto maker Nissan Motor Co. will no longer sell its high-end X-Trail sports-utility vehicle or its 370Z sports car in India as it focusses more on less expensive, locally-manufactured vehicles.

The decision to discontinue the X-Trail and 370Z models is in line with plans to “concentrate on products tailored for India and delivering more value” to Indian customers,” Nissan Motor India Pvt. said in a statement.

Nissan will continue to sell the Teana premium sedan–which is assembled largely from imported parts. It would also sell the Micra range of hatchbacks, Sunny mid-size sedan, Evalia multipurpose vehicle and Terrano SUV which are produced in India.

Nissan didn’t find a single buyer for the 370Z sports car in India in the 22 months ended Jan. 31. It sold just seven X-Trail SUVs during April 2013 to January 2014, compared with 59 a year earlier.

Overall, sales of Nissan’s vehicles in India declined 11% to 29,303 autos during the April to January period.

Nissan is scheduled to start selling the first inexpensive cars from its resurrected Datsun brand in India from next month.


From WSJ News

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