Datsun aims 5% market share by 2020

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Datsun has planned to extend its reach in the Indian market. Owned by Nissan, the company currently accounts for 1-1.5% of the total share. Now with the expansion of its product lineup, the carmaker expects its share to increase to 5% by 2020.
Talking to ETAuto, Mr. Vincent Cobee, global head of Datsun said, "As a company we have this very ambitious goal of reaching 5% market share between Nissan and Datsun, hopefully by 2020. It is very reasonable to expect that Datsun will contribute half of this volume. That is a pretty tall order. This will come from products, through presence, through awareness. So there is a lot of places to work on to get there." He further added, "We know we are good in the hardware product attractiveness, product acceptance, customer satisfaction has been good. The issues we need to improve on is awareness, we are trying to make our message more attractive, more targeted. We are helping grow the network of Datsun and Nissan in India. We are moving forward towards tier-II and tier-III markets, offering sales finance."
He explained his vision for future and said, "I want to be one of the 2-3 brands that most people look at and say this meets my expectations. It is not my dad's car, it is not a car which has been on the streets for 20 years, it is a car which understands my ambitions and my constraints. So deal with me with respect, provide financial solutions, give me cost of ownership which I can afford and predict. Don't give me a cheap car and then when I want to maintain it, it will cost me an arm and a leg. This is what we want to do."
First Published: Mar 01 2016 | 11:11 AM IST