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Nissan to launch sports car 370Z in India in 2010


Nissan Motor will roll out its new sports car '370Z' in India in 2010 as part of its strategy to offer more variants to the Indian customers.

"Nissan will launch its sports car 370Z in the Indian market and is expected to be rolled out in January 2010," Hover Automotive India (marketing partner of Nissan, India), vice-chairman, G M Singh told reporters today during the launch of new dealership here.

"Though the market for sports car in India is limited now, but we think over a period of time, the market for such cars will increase," he said.

The company will also unveil its small car Micra hatchback on new platform in 2010 in the Indian market. "Micra will come out with three variants of petrol and diesel...Moreover, it will be developed entirely on a new platform," he said.

The price range of Micra could be close to Rs 5 lakh, he informed. Nissan has planned to introduce nine new variants in India by 2012. "Out of the nine models, five of them will be manufactured in its facility that is coming up in Chennai, while, rest of them will be Completely Built Units (CBU)," he said.

At present, Nissan has two models 'Teana' and 'X-Trail' for the Indian market, priced between Rs 21 and 25 lakh.