- Title: INDONESIA/FILE: Nissan launches two new low-cost Datsun models in Indonesia
- Date: 17th September 2013
- Summary: JAKARTA, INDONESIA (SEPTEMBER 17, 2013) (REUTERS-ACCESS ALL) WIDE SHOT OF LAUNCH CHIEF EXECUTIVE OF NISSAN MOTOR CARLOS GHOSN POSES NEXT TO DATSUN GO+ GHOSN POSES BETWEEN DATSUN GO AND DATSUN GO+ SCREEN READS "INDONESIAN PREMIERE DATSUN GO" JOURNALISTS TAKING PICTURE MAN TAKING PICTURE FROM HIS MOBILE PHONE GHOSN IN INTERVIEW WITH JOURNALISTS
- Embargoed: 2nd October 2013 13:00
- Location: Indonesia
- Country: Indonesia
- Topics: Business,Industry,Transport
- Reuters ID: LVA4Q63HWXG70NHZ4QMVRDXYW0RU
- Aspect Ratio:
- Story Text: Nissan Motor Co Ltd launches two new low-cost Datsun models in Indonesia.
Japanese car maker Nissan Motor Co Ltd launched two new models of low-cost green cars on Tuesday (September 17) saying it considers Indonesia as a key growth market.
"Indonesia is a wealthy country, is very populated country. Today you have about 50 cars to 1,000 residents while in every European country you have 500 cars per 1,000 inhabitants. There is no doubt for us that the trend is up," said Carlos Ghosn, chief executive of Nissan Motor after unveiling the Datsun Go and Go Plus.
The locally-developed vehicles will go on sale in Indonesia in May 2014 at a price of less than a hundred million rupiah (8,800 U.S. dollars).
Ghosn also said that the company planned to increase production capacity in Indonesia to 250,000 cars by 2016, almost triple its capacity in 2013.
"Today we have six percent market share. Our target is to reach 15 percent market share in Indonesia by the end of 2016," Ghosn said.
Indonesia's government has begun promoting fuel-efficient cars to offset an increase in fuel prices.
But there are fears that an influx of cars will add to the capital's notorious traffic jams.
Jakarta authorities have recently almost doubled the cost of parking in Jakarta in a move to cut private vehicle usage and encourage people living in the capital to use public transportation
Japan's second-largest automaker by sales plans similar low-cost cars for India, Russia and Brazil with its revived Datsun brand.
Nissan last year said it would invest 400 million U.S. dollars in Southeast Asia's biggest economy by 2014.
In the fiscal year ended March, it increased production by 43 percent to almost 63,000 vehicles.
- Copyright Holder: REUTERS
- Copyright Notice: (c) Copyright Thomson Reuters 2013. Open For Restrictions - http://about.reuters.com/fulllegal.asp
- Usage Terms/Restrictions: Audio restrictions: This clip's Audio includes copyrighted material. User is responsible for obtaining additional clearances before publishing the audio contained in this clip.