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Monday, March 5, 2012

Nissan to launch cheap brand in emerging markets like India, Brazil and Russia: Nikkei

Article taken from : http://articles.economictimes.indiatimes.com/2012-03-02/news/31116960_1_market-share-nissan-yen
Reuters Mar 2, 2012, 01.57PM IST
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Nissan Motor Co plans to launch cheap automobiles tailored for emerging markets under its old Datsun brand in 2014, the Nikkei newspaper reported on Thursday, as it revs up efforts to tap into fast-growth countries.
The vehicles, priced around 500,000 yen ($6,200), will initially be built and sold in India, Indonesia and Russia, the Nikkei said. Japan's No. 2 automaker hopes to sell 300,000 Datsuns a year soon, the paper said, without citing sources

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