Nissan contemplating sub-4-metre sedans, light SUVs for India

Nissan wants to increase its market share in India from 1.1% to 10% over the next 3-4 years. For that, it plans to tap into the lucrative sub-four-metre sedan and light SUV segments.

The company has revealed that it has plans to focus on the two segments and launch vehicles accordingly. Nothing is known about these products at the moment, but we expect the Micra hatchback to be used as a base for the same.

The automobile industry in India is going through the worst slump in its history. However, the compact SUV and compact sedan segments have seen tremendous growth. This is because, passenger cars with a length of less than four metres, attract substantially lesser excise duty than those longer than 4 metres. This has made sub 4-metre SUVs and sedans popular in the country, which in turn has prompted more and more manufacturers to produce them. The Maruti Dzire and Honda Amaze are currently dominating the segment. Other manufacturers Ford, Fiat, Hyundai, Tata Motors, General Motors, Volkswagen and Skoda have either displayed sub 4-metre sedans and SUVs that will be launched in the near future or revealed their intentions of entering the segment.

Source: Business Standard