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    Nissan Looking Out For Multiple Tie-Ups

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    Nissan Looking Out For Multiple Tie-Ups

    Japanese auto maker, Nissan Motors yesterday said that they are open for tie-ups to built a car that would be positioned between the ultra-low-cost car being developed with Bajaj Auto and the fourth generation Micra.

    Carlos Ghosn, chief executive of the Renault-Nissan alliance told reporters, “We are planning to develop one more car that will be placed between Micra and ULC and we are open for one more partner for this.”

    This would be company's fourth partnership in India to the existing three - Bajaj, Mahindra & Mahindra (M&M), and Ashok Leyland.

    Ghosn ruled any possibility of a tie-up with Bajaj for any other cars as he said Bajaj has their hands full on other projects.

    On talks with Hinduja-owned Ashok Leyland to manufacture cars, he said, “We have started the discussion, but we haven’t reached to any conclusion so far for the proposed car manufacturing.”

    On any partnership with M&M, Ghosn said, "Neither companies are happy about the performance of Logan in the Indian market and so we would first like to re-position the Logan first." He said company doesn't have any plans to withdraw the Logan.

    Nissan is also expected to bring in its SUV Murano to India as a completely built unit by 2013. Micra will hit the indian roads by July with 85% localisation and the ULC car is expected to hit the Indian roads by 2012.

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