Datsun to focus on entry level cars

Image
Press Trust of India Kolkata
Last Updated : Jun 07 2016 | 3:32 PM IST
Datsun, the sister brand of Nissan Motor of Japan, would focus on entry-level cars only, a company official said today.
"Our strategy will be to focus of entry level cars only. We will not enter into any segment where Nissan is present", Jerome Saigot, VP of Datsun India said.
Launching the rediGo hatchback here, he said that in India Datsun's sales constitute roughly 50 per cent of Nissan's overall sales.
Datsun had already launched two cars earlier, Go and GoPlus, and this was the third product launched in the country.
Redi-GO from Datsun's stable priced between Rs 2.38 lakh and Rs 3.34 lakh (ex-showroom Delhi), kicking off a price war in the entry-level segment.
The car will compete with the likes of Maruti Suzuki Alto and Hyundai's Eon, which are priced between Rs 2.5 lakh and Rs 4.42 lakh.
Saigot said that in the last financial year, Datsun sold 20,000 cars.
Globally, Datsun wish to contribute 50 per cent of Nissan's sales and by 2020, the target market share was five per cent.
He said that India was the biggest market for Datsun, adding that Russia, Indonesia and South Africa were the other major countries where the company was present.
The company was planning to expand to the markets of Lebanon, Nepal, Sri Lanka and other African nations.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jun 07 2016 | 3:32 PM IST

Next Story