Nissan India Targets Three-Fold Growth in Sales

Tuesday, 27 September 2011, 19:48 IST
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Bangalore: Japanese car manufacturer Nissan targets over three-fold growth in sales in India in 2011, a company official said. "Nissan India sold 13,000 cars in 2010. In 2011, we are aiming to sell 40,000 cars", Nissan India Managing Director Kiminobu Tokuyama said. Launching its mid-segment sedan Sunny here, he said the capacity of the Chennai plant would be doubled from the current two lakh per annum by 2015. The company would invest Rs 4,500 crore till 2015, out of which Rs 2,800 crore has been already been done. Tokuyama said Nissan would launch five more models by 2015, of which one would be a Multi Utility Vehicle (MUV). Nissan India's dealership network would increase from 80 to 100 by next year, he added.
Source: PTI