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Posts Tagged ‘India auto market’

Nissan Begins Re-Launch of Datsun Brand

by on May.24, 2013

Datsun is set to make its return with a launch in India next March.

Nissan will launch five new models as part of an ambitious plans to bring back the Datsun brand – which will make its debut in India, starting in March of 2014.

The re-introduction of the Datsun brand, which Nissan shelved in the early 1980s, is a key part of an effort by Nissan to boost its market share in South Asia, company officials said in Mumbai.  Nissan plans to expand its Indian dealer network from 95 to 145 outlets to coincide with the Datsun launch – and hopes to increase its market share there fivefold.

“Datsun is an important part of the heritage of Nissan,” said Ashwani Gupta, program director of Nissan’s newly-created Datsun Business Unit.

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“We will offer our customers in India modern and spirited cars that they will be happy and proud to own—at an affordable price,” added Nissan CEO Carlos Ghosn, who has said the Datsun brand’s launch plans will focus on “optimistic,” up-and-coming customers in high-growth emerging markets.


India Likely to Become World’s Third-Largest Car Market by 2020

Overcoming the "three deficits" still a challenge.

by on Jun.14, 2011

Toyota is one of many foreign makers hoping to gain ground as the Indian automotive market expands.

India is expected to grow into one of the auto industry’s superpowers during the next decade, according to a new report by J.D. Power & Associates – and is likely to become the world’s third-largest automotive market by 2020.

The new study, “India Automotive 2020: The Next Giant from Asia,” noted that the vast subcontinental market already surpassed France, the United Kingdom and Italy to become the sixth-largest automotive market in the world in 2010. More than 2.7 million light vehicles were sold in India in 2010, up from just 700,000 a decade earlier.

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By 2020, the report projected, India’s automotive volume will grow to 11 million, positioning the nation of 1.2 billion just behind China, with projected annual sales of 35 million units in 2020, and the U.S., where light vehicles sales are pegged to reach 17.4 million.

“India has quickly become one of the largest and fastest-growing automotive markets in the world,” said John Humphrey, senior vice president of global automotive operations at J.D. Power and Associates.


First Look: Toyota Etios

The “concept” small car enters production in December.

by on Jan.06, 2010

Forced by less expensive entries to go to a "luxury" position for what is a Toyota B-car.

Toyota Motor Corporation in India has unveiled a so called concept version of the “Etios,” a subcompact car developed specifically for the growing Indian market, which is now running at more than 1.5 million units a year.

Toyota Kirloskar Motor Private, Ltd. (TKM) is showing Etios at the 10th Auto Expo automobile show in New Delhi, which runs until January 11.

Toyota is a bit player in India, selling about 70,000 cars annually, while Maruti Suzuki India controls 50% of the market and sells ten times  more vehicles.

The Etios is said to be aimed at family users in India’s rapidly growing automobile market. A sedan with a 1.5-liter gasoline engine and a hatchback version with a 1.2-liter gasoline engine will be offered when TKM produces the Etios in December 2010 at its second plant, now being built for production of the new car.

Annual sales in India are predicted to be 70,000 units. And, yes, exports to as yet unspecified destinations are planned.