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The Renault and Nissan will share platforms in the Indian market, even though car designs may be different, chief Carlos Ghosn said on Monday. Full Article at MyDigitalFC.com | Financial Chronicle
Related Articles
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Nov. 10 (Bloomberg) -- Renault SA, France’s second-largest carmaker, and affiliate Nissan Motor Co. will introduce their ultra-low cost car by 2012, a year later than planned, due to delays in fixing details of the product with its Indian partner. Full Article at Bloomberg.com
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Ending months of uncertainty over their joint project to make an ultra-low-cost car, Bajaj Auto and Renault-Nissan have signed an agreement delineating their roles and fixing 2012 as the year when the car will hit the market. Full Article at Business Standard
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By Nikhil Gulati NEW DELHI -- Renault SA and Nissan Motor Co. will share car platforms and engines in India, the chief executive of the two companies said Monday."We want to localize production here, and for that you need volume... to achieve this... Full Article at Wall Street Journal
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By Santanu Choudhury And Nikhil Gulati NEW DELHI—Nissan Motor Co. and Renault SA chief Carlos Ghosn reaffirmed the two companies' commitment to its nearly $1 billion plant in India and to the market as a whole, despite Renault's delayed plan to make... Full Article at Wall Street Journal
Related Quotes
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We want to localise all production in India and for that we need to have certain volumes. That’s why our (Renault’s) platforms and engines are going to be shared by Nissan
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We want an entry price point that is attractive to Indians ... The cost of this car will be lower than any car in India today.
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We cannot just accept the situation wherein India we represent less than 1 percent market share. That’s absolutely out of the question
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I know that some of our competitors like Tata has already put the car in the market ... its moving on. We will continue to work to bring in this car (with Bajaj) into the market
