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Nissan to sell 200000 vehicles in India by 2012
By Yoann Besnard on 14 May 2008 | 
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Nissan has announced its ambition to sell 200,000 vehicles in India by 2012 relying on local expertise.
The Japanese carmaker has strong ambition on the Indian market. In addition to the ultra low cost car developed in collaboration with Renault and Bajaj Auto, Nissan wants to sell over 200,000 vehicles in India in the next four years. "In India, we have made a strategic decision to work with partners to speed our entry into the market and to leverage local expertise, building on Nissan's proven track record of success with collaborative relationships," Nissan Motor Co Ltd President and CEO Carlos Ghosn today said in Tokyo, according to information available on the company's website.
With its alliance partner Renault, Nissan is setting up a 400,000 capacity plant for passenger cars in Chennai, which is also the site of the alliance's new technical center.
