NEW DELHI: Japanese auto manufacturer Nissan unveiled the third compact car in the recently revived Datsun brand for the Indian market on Thursday. The compact redi-GO is set to hit markets in June.
While the company has not announced the price of the car yet, the model will be competing with the likes of the highly popular Maruti Suzuki Alto and the Hyundai Eon, which are priced between Rs 2.5 lakh and Rs 4.42 lakh (ex-showroom Delhi).
Redi-Go, which comes after the Datsun Go and the Datsun Go Plus, has been built upon a brand new platform developed by Nissan in India. Bookings for the car would begin in May, Nissan Motor India MD Arun Malhotra said, adding, “Deliveries would begin in June.”
The new model is powered by a new 0.8 litre three-cylinder engine paired with a five-speed manual transmission.
Last year, the automaker had launched a compact multi-purpose vehicle ‘Go+’ to add to the Go small car to expand its network in small towns to boost sales of its Datsun brand of vehicles.
In 2014, when Nissan launched the Datsun Go in India,marking the global comeback of the brand after nearly three decades, it had said it was aiming to garner 10 per cent share in the Indian passenger vehicles market by 2016.
However, last year, it had clarified that it would miss its target, but would advance the launch of a third vehicle from its Datsun brand in the country to propel growth.
Both (Nissan and Datsun) now aim to garner a market share of 5 per cent in the Indian market by 2020.