Renault-Nissan will begin selling its compact car Micra in June this year while its exports are scheduled for September. The company is hoping to sell 80,000 units by March 2011, for which it has so far achieved 85 per cent localisation.
Betting big on the Indian market Renault-Nissan expects to sell 100,000 vehicles in India by 2013 from its Chennai facility, which opens today.
Renault-Nissan is also in talks with Ashok Leyland to develop a smaller car. “We are looking at multiple partners in India to do more. There is a huge possibility in the segment below Micra and we are looking at possibilities to fill those gaps. We are studying the possibility of tying up with Ashok Leyland to develop a much smaller car,” said Carlos Ghosn, CEO of Nissan and Renault.
Ghosn also talked about Renault’s partnership with Mahindra and the continuing commitment to Logan. He said, “We are discussing how to reposition the car. Logan will stay in the Indian market.”