7:30 AM
Beijing: Another Nissan adds vibrant international automotive markets. Japanese car manufacturer is launching its economic cars in China with Dongfeng Motor Company's holding company. Four-wheel drive with a 1600 cc engine ranges between USD 10,700 or approximately USD 102 million.
Economical products that are made available to low-income consumers. At a cost that is affordable enough, Nissan has made reduction of production costs with local procurement of spare parts and simplify a number of features.
Automobile market in China has indeed been growing, especially in the coastal areas. However, the development of sales of the car itself is not expected to continue. Moreover, local governments in urban areas have started to limit the number of vehicles in order to overcome the problems of pollution and congestion.
However, nowadays most car manufacturers are trying to develop more economical cars, targeting low-income consumers who live in rural areas
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