akhil project
TRANSCRIPT
PROJECT REPORT
ON
“Promotional strategy and pricing strategy of Nissan Motor”
BY
Mr. AKHIL KUMAR BEHERA
REGD NO - 6088
Under the Guidance of
Mr. R Ravi Kishore
A PROJECT REPORT
SUBMITTED IN PARTIAL FULFILLMENT OF THE
REQUIREMENT FOR THE AWARD OF THE DEGREE
POST GRADUATE DIPLOMA IN MANAGEMENT
Declaration
1
IAKHIL KUMAR BEHERA hereby declares the project titled
“Promotional strategy and pricing strategy of Nissan Motor”.’ is an
original work carried out under the guidance of Mr. R RAVI KISHORE
the report submitted is a bonfire work of my own efforts and has not
been submitted to any institution or published before.
Signature of the student
(AKHIL KUMAR BEHERA)
Date:
Place:
Faculty Guide Certificate2
I Mr. RAVI KISHORE certify that Mr. AKHIL KUMAR BEHERA that
the work done and training undertaken by him is genuine to the best
of my knowledge and acceptable.
Signature:
Date:
Acknowledgment
3
A mammoth thesis of this nature calls for intellectual nourishment,
professional help and encouragement from many quarters; I would
like to express gratitude to:
The pioneers in the field of financial management who have
shaped their understanding through their rich and varied
contribution.
Professor and seniors for providing the stimulus for making this
project successful.
It is my immense pleasure to work under the guidance of Mr. R RAVI
KISHORE, and we heartily thanks them for providing me the
guidance whenever needed.
I had liked to thank my institution, VISHWA VISHWANI INSTITUTE
OF SYSTEMS AND MANAGEMENT-HYDERABD, for providing me
this great opportunity and attempting to inculcate the traits needed to
succeeds.
(AKHIL KUMAR BEHERA)
INTRODUCTION
One of the fastest growing industries in the world is automobile industry. ThisAutomobile
industry even has its influence on the Indian market. There is anemergence of global
automobile players in India, each player have their different promotional strategies to
interact customers. This project is an effort to understand these promotional strategies
adopted by different automobile companies in India. This project concerns with the study
of choosing the most appropriate mix of advertising, sales promotion, personal selling
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and publicity for cars in India with a detailed study of promotional strategy of Nissan
Micra. This project also targets the customers in India regarding the promotions of cars
in India by reviewing and interpreting a questionnaire.
My training in Fortune Nissan was an attempt in this regard. The project work provided
to me was a titled “Promotional strategy and pricing strategy of Nissan Motor”.To
promote Nissan cars across the twin city Hyderabad and Secuendrabad. I conducted the
event show of popular “ NissanMicra,Nissan Teana, Nissan Sunny, Nissan X trail
and met a lot of customer and got information from their side. While working on the
project, I came to know about the latest marketing and promotional strategies and trends
prevailing in the market. The way of promoting the products, providing a better
convenience of customer, and developing the new strategic technique to sell the product
OBJECTIVE OF THE STUDY
To study and analyze the elements of Promotional Strategies and pricing
strategies of Nissan Products - Nissan Micra, Sunny, Teana, X trail.
Study the customer response regarding the promotions of cars in India.
To develop the relationship with bankers to make the auto finance options
easy for customers.
To know the level of awareness of the cars.
To know whether the customers are satisfied with the offers given by the
dealer.
To find out satisfaction levels of the customers.
SCOPE OF THE STUDY
Study the basic aspects of Promotional Strategies such as Sales
Promotion, Personal Selling, Advertising and Publicity
Studying the customer response regarding promotions of cars in India
through a questionnaire.
Study the promotional strategies of Nissan Micra with all the tools of
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promotion.
The study was conducted in Hyderabad and Secunderabad area.
The study covers the customer’s perceptions and their most used
product.
The study covers the customer’s perception for auto finance.
NEED FOR THE STUDY
To know the products of the competitors and their features.
To understand all the features of product, which I should be promote.
To study the growth and development of Nissan Motor in Hyderabad.
To provide the complete information and features to the customers
and helping the customers in buying the car.
Data Collection and Analysis
Secondary data collection from the various car information websites,
Newspapers, magazines, etc.
Primary data collected from a questionnaire designed to target the customer
regarding the promotions of Nissan Micra in India.
Analysis of promotional strategies by SWOT analysis by evaluating the
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Strengths, Weaknesses, Opportunities and Threats of Nissan Micra by
analyzing the responses through the questionnaire
COMPANY PROFILE
TYPE Public (TYO: 7201;Pink Sheets: NSANY)
Founded December 26, 1933
Founders Kenjiro Den
Rokuro Aoyama
Meitaro Takeuchi
YoshisukeAikawa
Headquarters Nishi-ku, Yokohama, Japan
(Officially registered in Kanagawa-ku, Yokohama, Kanagawa)
Area served Worldwide
Key people Carlos Ghosn (President andCo-Chairman)
Toshiyuki Shiga (President and Co-Chairman, COO)
Industry Automotive
Financial services
Engineering
Products Automobiles
Outboard Motors
Forklift Trucks
Revenue ¥7.517 trillion / $80.92 billion FY 2011
Operating income ¥ 311.6 billion / $3.35 billion FY 2011
Net income ¥ 48.4 billion / $560 million FY 2011
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Employees 30,718(non-consolidated basis)
175,766 (consolidated basis)
Divisions Infiniti
NISMO
Infiniti Performance Line
Subsidiaries Nissan Forklift
Nissan Marine
Autech
Slogan Shift_ The way you move
Nissan Motor Co., Ltd. is a Japanese automobile maker. From 1932 to 1983, they also
used the trademark Datson. Their head offices are in the Ginza area of Chuo-ku, Tokyo,
Japan. Nissan plans to move their headquarters to Yokohama, Kanagawa by 2010; the
headquarters will start construction in 2007.
Nissan used to be Japan's second-largest car company, after Toyota, but it has dropped
to third in size after Honda. Due to financial problems throughout the 1990s (to the point
where most believe an American company in a similarly bad financial state would have
ceased trading), the French company Renault took a large shareholding in the company
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and installed Carlos Ghosn as president, the first non-Japanese person to run a
Japanese car company (Mazda was run by an American, Mark Fields - and by Briton
Lewis Booth - and Mitsubishi was run by a German, Rolf Eckrodt).
Under Ghosn's "Nissan Revival Plan" (NRP), Nissan has rebounded in what many
leading economists consider to be one of the most spectacular corporate turnarounds in
history, catapulting Nissan to record profits and a dramatic revitalization of both its
Nissan and Infiniti model line-ups.
In 2001, the company initialed Nissan 180, capitalizing on the success of the NRP.
Ghosn has since been idolized as a national hero in Japan as a symbol of the strength
of the currently ailing Japanese economy, with Ghosn and the Nissan revival story
prominently featured in Japanese mange and popular culture. His achievements in
revitalizing the Japanese company have been noted by Emperor Akihito, who awarded
him the Japan Medal with Blue Ribbon in 2004.
Nissan is also noted for being one of the world's leading manufacturers of automobile
engines, with its VG and VQ V6 engines appearing on "Ward's 10 Best Engines" for 11
straight years - every year since the award's inception.
HistoryEstablished in 1933, Nissan Motor Co., Ltd. was a pioneer in the manufacturing of
automobiles. Nearly 70 years later, Nissan has become one of the world's leading
automakers, with annual production of 2.4 million units, which represented 4.9 percent of
the global market. Domestically, the company sells 774,000 vehicles on an annual basis,
placing it second behind Toyota Motor Corporation. About 35 percent of Nissan's
vehicles are sold in Japan, 25 percent in the United States, and 20 percent in Europe. In
the North American market, the company's top models include the Infiniti, Maxima,
Altima, and Sentra passenger cars, the Quest minivan, the Frontier pickup truck, and the
Pathfinder sport utility vehicle. After losing money for most of the 1990s, Nissan entered
into a global alliance with Renault S.A. in March 1999, with the French company taking a
37 percent stake in Nissan. A massive restructuring was then launched.
Early History
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Nissan has demonstrated a commitment to innovation since the company's founding in
1933. Not only are Datsuns the first mass-produced Japanese vehicles, their unique,
automotive style makes a major impact on the U.S. market when Datsun sedans and
compact pickups are first imported in the late '50s.
1914 : The first Datsunis built.
1933 : Nissan Motor Co., Ltd., is established in Japan.
1937 : The Datsun Type 15 is the first mass-produced Japanese vehicle. Other Type
15 models include a mini-pickup and delivery van.
1958 :The first Datsun sedan arrives in the United States. The strong, heavy 1200
Sedan packs a 48-hp 1200-cc engine encased in thick body panels.
1959: The first Datsun compact pickup is sold in America. Originally imported with a
Modest 37-hp 1000-cc engine, the upgraded model features a 48-hp 1200-cc
version. This quarter-ton pickup firmly establishes in the Americanmarket.
The Sixties
Toward the end of this decade of change, Nissan has built a strong reputation in both
the American and the Japanese markets. The Datsun 2000 roadster, valued both for its
style and performance, becomes synonymous with early Nissan design. Soon after, the
Datsun 'Z' changes the way people think of sports cars.
1960
Nissan Motor Corporation U.S.A. (NMC) is established in Gardena, California. The
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model year witnesses the birth of Datsun's first sports car, the SPL 210. This high,
narrow, 4-seat roadster features a fold down soft top with side curtains, '4 on the floor,'
and a 48-hp 1200-cc engine (soon replaced by an 85-hp version).
1962
Focused on American driving needs, the Bluebird is the first Datsun with a full
synchronized 3-speed transmission. It also sports classic two-tone paint, wide whitewalls
and optional bucket seats. Off the road, Nissan's first utility vehicle, The Patrol, makes its
debut, with TV hero Roy Rogers as its spokesman. Pitched as the world's most powerful,
most advanced 4-wheel drive, the Patrol's brawny 145-hp 4000-cc 6-cylinder engine
develops enough torque 'to climb trees.'
1966 :The first Japanese-owned production facility in North America, Nissan Mexicana
(NMEX) manufactures its first vehicle.
1967 :The Datsun most-desired by collectors, the 2000 Roadster, is also the first
Japanese production sports car to come with a 5-speed. That, plus its robust 150-hp
engine, makes it extra fun to drive. Production is limited to 1,000 and the first 10 are
lightweight versions for racing. The 2000 Roadster wins 10 SCCA National
Championships between 1967 and 1987.
1968 :Nissan launches the first car styled for the U.S. market, the Datsun 510 sedan.
1969:
Datsun introduces the 'Z' as a 1970 model. By offering European performance, plus
creature comforts like roll-up windows and a heater — all at an affordable price — the
240Z becomes the best-selling sports car in the world. The Corvette took nearly twenty-
five years to sell 500,000 units; the Z does it in fewer than ten.
The Seventies
In the '70s, Nissan continues to gain in popularity, with annual U.S. sales surpassing a
quarter of a million cars. Nissan also begins to display unrivaled racing skills, with the
Datsun 510 winning a number of championship races. Meantime, the civilian 510
provides the verve of a sports car to the general driving population, a goal Nissan
achieves to this day through the Maxima and Sentra SE-R.
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1971
Annual sales in the United States pass the quarter million mark. Nissan also establishes
itself on the racetrack: the BRE 510 wins the SCCA 2.5-liter Trans-Am Championship in
1971, claiming Nissan's first professional racing championship. It proceeds to dominate
the series, winning 15 out of 21 events. Meanwhile, another 510 wins the East African
Safari, while yet another wins the American Rally Championship in 1971. Today, the 510
enjoys a cult-like following and is still active in SCC Calibrating.
1972
The civilian 510 introduces a new concept: a 4-door sports sedan. This good-looking, 5-
passenger family car is fun to drive, economical, and sells over 300,000 sedans and
wagons. As a result, race-bred sportiness remains very much part of Nissan today.
1973 :The one-millionth Datsun vehicle is sold in America.
1975 :Datsun becomes the top U.S. vehicle importer.
1977 :Nissan expands the idea of how much work a truck can do by introducing the
King Cab, the first extended cab pick up.
1979 :Nissan Design International (NDI) is established in La Jolla, California, to provide
American concepts and style to Nissan vehicles. Among their many creations (including
today's popular Xterra SUV) is the 'out there' Gobi Truck concept. Developed in the late
1980s, it is a direct extension of the very first Datsun truck.
The Eighties
In the '80s, the Nissan brand comes into its own as the first Nissan truck is manufactured
in the U.S. Not long after this milestone, Nissan introduces its Infiniti line of luxury
vehicles, ending the decade with a tremendous new business venture.
1980
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Nissan Motor Manufacturing Corporation (NMMC) is established in Smyrna, Tennessee
to fulfill the growing demand for Nissan vehicles.
1981
Nissan Motor Acceptance Corporation (NMAC), Nissan's financing division, is
established in Torrance, California.
1982 :Nissan's rich off-road truck-racing history includes 19 championships from 1982-
1992. A King Cab desert racer, competing as an HDRA/SCORE Class 1 Unlimited
Vehicle, packs a sand-scorching 380 hp. It has full-time 4WD, a radical mid-engine
design and a 4-wheelfully independent suspension.
1983 :Worldwide marketing of vehicles using the Nissan name begins. And the first
truck produced by Nissan in America rolls off the line in Smyrna, Tennessee. Nissan
Research and Development (NRD) is established in Michigan.
1985 :Legendary Hollywood actor Paul Newman races the Newman/Sharp Trans-Am
300ZX to an SCCA GT1 championship in 1985 and 1986. Particularly noteworthy is the
1985 win, which is Nissan's 50th national SCCA championship. Meanwhile, the first
Sentra rolls off the line in Smyrna, Tennessee.
1988:Nissan driver Geoff Brabham wins the first of four consecutive IMSA Camel GTP
Drivers Championships. The streak includes eight straight races, breaking the American
road record. Almost unbeatable, the IMSA GTP Race Car dominates with a breath
taking top speed of 200 miles per hour.
1989:It's a year of remarkable milestones: Nissan launches the Infiniti line of luxury
vehicles. NMMC produces its one-millionth vehicle. And Nissan begins the Summer
Institute for Historically Black Colleges and Universities.
The Nineties
Nissan demonstrates its agility in the '90s — retaining the Nissan heritage, while moving
in new directions. The company remains committed to long-standing quality and service
in the automotive development, while also receiving numerous corporate and
environmental awards.
1990 :Nissan North America, Inc. (NNA) is established in Torrance, California, to
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oversee all Nissan operations in North America.
1991 :Nissan unveils a $490 million, 1.7 million-square-foot expansion of the Smyrna,
Tennessee plant. It builds an $80 million Research and Development Technical Center
in Farmington Hills, Michigan. And on the environmental front, Nissan lends its
Alternative Fuel Vehicle to a California testing program, unveils the Future Electric
Vehicle concept car, and receives the Stratospheric Ozone Protection Award from the
Environmental Protection Agency.
1992
As the Sentra surpasses two million sold in the U.S., the first Nissan mid-sized sedan
produced in the U.S. — the Altima — rolls off the assembly line in Tennessee. Nissan
wins the IMSA GTS Manufacturers Championship, with David Loring winning the IMSA
GTU Drivers Championship in a Nissan 240SX, and Steve Millen winning the IMSA GTS
Drivers Championship in a Nissan 300ZX. Nissan also establishes the Nissan
Foundation, with a five-year, $5 million endowment. Nissan Quest becomes the first
Nissan vehicle jointly produced with a U.S. manufacturer, Ford Motor Company.
1993
Nissan celebrates its first 10 years of manufacturing in the U.S. with authority. Altima
becomes the best-selling new nameplate in the United States, while the Maxima surpass
one million sold.
1995
Nissan introduces the all-new 200SX and fourth generation Sentra, both assembled in
the award-winning Smyrna, Tennessee plant. Nissan was recognized as Most
Distinguished Partner by the Los Angeles Urban League in 1995.
1996
After more than 26 years, the Z car was retired. In 1999, Nissan announced an all new Z
car will be built for release in 2002. Nissan served as a corporate sponsor of the 1996
Olympics in Atlanta, specifically the Official Import Vehicle of Choice for Truck, Sport
Utility, and Minivan. NMMC is named the most productive plant in North America in 'The
Harbour Report' for the third consecutive year. On a more creative front, Nissan's 'Toys'
commercial is named the best commercial of the year by Time and Rolling Stone
magazines. The last 300ZX is imported into the U.S. inducted into the Peterson
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Automotive Museum in Los Angeles.
1997
Nissan was named Best of the Best by the Environmental Protection Agency. In 1997,
Nissan received the Smithsonian Inaugural Corporate Leadership Award. The Nissan
Foundation celebrates its fifth anniversary. NMMC names the most productive
automotive plant in North America by Harbour and Associates for fourth year.
1998
Nissan Motor Corporation in U.S.A. (NMC) and Nissan North America, Inc. (NNA)
consolidated into one company Nissan North America, Inc., effective December 31,
1998.
1999
March 26, 1999, Nissan and Renault sign a global partnership agreement allowing both
companies to take advantage of their respective strengths and expertise. Nissan
introduces the Frontier Crew Cab, the first compact truck with four real doors. The Xterra
also launches a trend in 'no-nonsense' SUVs for outdoor enthusiasts. Frontier, Xterra,
and Pathfinder are named official vehicles of the Los Angeles County lifeguards and
become a hit on the TV series 'Baywatch.' Rhys Millen drives UPRD Nissan Skyline GT-
R to victory in the Pikes Peak International Hill Climb near Colorado Springs, Colorado,
on July 4.
2000
Now working with Renault of France, Nissan unveils the 2003 Z® Concept. Nissan
Research and Development (R&D) divisions in the U.S. and Europe are renamed Nissan
Technical Center North America, Inc. (NTCNA) and Nissan Technical Centre Europe
Limited (NTCE), respectively. Nissan Motor Co., Ltd., forms the North American
Management Committee (NAMC), the key decision-making body for Nissan in North
America, and the U.S. Management Committee. NNA announces the expansion of its
Decherd powertrain facility and the vehicle production level at its Smyrna assembly
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plant, both in Tennessee. The expansions are part of Nissan's moves to bring local
production closer to local markets. Nissan Motor Co., Ltd. announces preliminary
financial figures showing a consolidated operating profit of $1.26 billion for the first six
months of fiscal year 2000—the best performance in a decade. Nissan selects a site in
Canton, Miss. for a new $930 million assembly plant. The plant will produce a full-size
pickup truck, a full-size sport utility vehicle, and the next generation Nissan minivan.
Production set to begin in summer 2003.
2001
Nissan unveils the 2002 Sentra SE-R, Frontier Crew Cab Long Bed, and a totally new
Altima. Cumulative Nissan production surpasses 60 million vehicles to date. Nissan
Design International, headquartered in San Diego, Calif., is renamed Nissan Design
America (NDA). On behalf of its employees, affiliates, and dealers around the world,
Nissan donated $1 million to the American Red Cross and the Twin Towers Fund during
the first week following the September 11 terrorist attacks. Nissan also set up a
company-wide employee gift program, which resulted in a donation of $105,052.54 from
Nissan and its employees to support relief efforts after the tragedies in New York and
Washington, D.C.
2002
An icon of automotive soul, the legendary Nissan Z® is reborn--better than ever. The
first 8,000 Z's are pre-sold to customers who commit to buying without even a test drive.
The Murano, an on-road adventure masterpiece is launched. Nissan introduces the
Nissan Child Safety Seat Fit Guide, known as Snug Kids®, to assist Nissan and Infiniti
customers in identifying the right child seat for their vehicle. The first program of its kind
in the automotive industry, it is geared specifically toward car seat safety for children.
Nissan Technical Center North America, Inc. (NTCNA) announces a $38.8 million
expansion of its research and engineering facility northwest of Detroit to enhance the
company's worldwide vehicle development capabilities. Steve Lambert replaces Katsumi
Ishii as president of Nissan Motor Acceptance Corporation (NMAC).
2003
Among the many accolades for the 350Z, Nissan is awarded the 2003 Motor week
Driver's Choice Award, and the Altima receives the 2002 North American Car of the Year
Award. Nissan's 2004 product lineup is the most complete and exciting lineup ever 16
offered from Nissan. It includes Nissan's first entrance in the full-size truck and SUV
markets with the all-new Titan pickup and Armada sport utility vehicle (SUV). The top
was taken off the Z® with the 350Z Roadster, the Quest minivan makes its return to the
lineup with a slew of innovative features and an advanced design, Nissan's flagship
Maxima is completely new and reenergized, and the Sentra and Sentra SE-R receive a
fresh new fascia design. Nissan Motor Acceptance Corporation (NMAC) relocated to its
new 268,000 square foot customer service center in Irving, Texas, and is part of a
significant Nissan expansion program in North America. For a record tenth year in a row,
Nissan's versatile VQ V6 engine has been named to the annual 'Ward's Ten Best
Engines' award list by Ward's Communications, Inc.Nissan en Espanola, a new Spanish
language website tailored to the online Hispanic community is launched.
2004
Nissan Korea, Ltd. is established in February and plans to introduce five Infiniti models
to the market starting in mid-2005. Nissan Motor Co., Ltd., announced record operating
profits of $7.29 billion for fiscal year 2003.
The 2005 Pathfinder and Frontier make their show car appearances at the North
American International Auto Show in Detroit.The re-designed 2005 Altima is launched in
February. In April, the all-new, second generation 2005 Xterra made its world debut at
the New York International Auto Show. And the first ever Altima SE-R model is to be
released later this year.Nissan also produces cars at its factory near Pretoria, South
Africa. The company's head office is now in Tokyo but will move back to Yokohama in
2010.
Today
Nissan's heritage highlights a company always eyeing the future and never satisfied with
the status quo. Bold design.Innovativestyle.Inspiringperformance.Original cars and
trucks more than capable of taking you wherever you choose to go in life.
Company Perspectives:
Nissan's challenge is to enhance its corporate value and to build a corporate foundation
that will enable the Company to win out in the competitive environment of the 21st
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century. The management team is also keenly aware of its responsibility to meet the
expectations of shareholders by reinstating dividend payments as soon as possible. We
will do our utmost to achieve a new corporate consciousness and to implement
sweeping improvements in our corporate structure. We look forward to the continuing
support and guidance of our shareholders as we strive to attain these goals.
NISSAN’S MISSION
“NISSAN provides unique and innovative automotive products ans services that deliver
superior measurable values to all stake holders”
NISSAN’S VISION
Enrichingpeople’slife.
NISSAN IN INDIA
Nissan Motor Company Ltd. is a Japanese car manufacturer. It was established on
December 26, 1933. It is the second largest automobile manufacturing company of
Japan, popularly known as "Nissan". Nissan Motors are of the opinion that India has a
huge market potential and that the economy is growing at a tremendous rate. They
believe that India is a market of opportunities and growth. They are of the opinion that
their investment in India will help in the growth of the company. They are also planning
to open manufacturing units in India. They believe that India is strategically very
important for them. And the company's future growth is a lot dependent on the outcome
of their investment in India. They have immense expectation from the Indian market.
They have bigger plans in the future for India. And setting up manufacturing units and
initial investment is just the starting point of the bigger picture. Nissan Motors India Pvt.
Ltd. is the Indian division of Nissan Motors. They deal with all the aspects of automobile
manufacture. That would include import (presently, later it might be manufacturing),
spare parts, sales, after sales, marketing, distribution etc. Nissan Motors India has car
dealerships outlets in places like Delhi, Mumbai, Bangalore, Secunderabad and
Chennai. Nissan Motors India has started their operations in India with the launch of new
X-Trail. This particular model is very popular throughout the world. They have been very
successful throughout. Moreover Nissan has been able to complete its revival plan
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according to its planning and timing. In fact, they had actually completed their project a
year ahead. This makes it even easier for them to concentrate better on the India market
and work accordingly. The new X-Trail has been launched in two different variants
inNissan started its operations in India in 2005, with the launch of the NissanX-
Trail SUV, which was imported fully built. In 2007, the company launched the Nissan
Teana sedan. Along with Nissan's global alliance partner, Renault, NMIPL is setting up a
manufacturing facility in Chennai to manufacture 200,000 cars per annum.The facility
with an investment of US$ 920 million will manufacture the NissanMicra for
the European market, besides various other models for the Indian market.NMIPL sells
the Nissan X-Trail and the Nissan Teana in India, both of which are currently imported
fully-built.
FORTUNE NISSAN,HYDERABAD
Fortune Nissan opened its doors for the first time in February, 2011. Since that time
our mission has not wavered: "We are in business to sell and service Nissan
vehicles and provide a delightful experience to our customers".
Fortune Nissan is a 50:50% Joint Venture set up between two well-known and
reputed families in Hyderabad, the Modis and the Babu Khans Fortune Nissan is a
blend of experience and youth.The experience and good will that Mr.
MisbahuddinBabukhan and Mr.PramodModi enjoy blend very well with the youth and
energy of the youngsters Nirav, Siraj, Bashir &Ashish to make Fortune Nissan a truly
world class Nissan Dealership.
FORTUNE NISSAN SHOWROOM
“We have 10,000sft centrally air conditioned showroom, located in the heart of the city
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inPatny Nagar” “ just Opp.to Ashok Bhopal Chambers. This makes convenient for almost
every one residing in and around Hyderabad and Secunderabad.”
The facilities offered from the showroom are :
1. Very easy finance facility with in-house finance team to cater to your every car
Finance requirements. All the leading finance counters are available like ICICI,
HDFC, KOTAK, SUNDARAM, SBI, etc.
2. Exchange offer for any of your used car. Free spot evaluation for any used car.
3. Professionally trained and courteous sales staff to take care of every relevant
needs of the customers.
4. Nissan preferred insurance for cashless transactions in the event of claims. Special offers on
Insurance renewals. You can also renew your insurance by just making call to our Service
marketing help line 9666914000.
5. Full range of Nissan cars with all colors and models to choose from.
6. A good stock of Nissan genuine accessories to make your Nissan ownership more delightful
and safe.
7. A well maintained fleet of test drive cars to give you the feel and experience the drive
dynamics on actual driving conditions before take the purchase decisions. You can call our sales
help line for test drive or fill the on-line test drive requisition form.
SERVICE CENTER
We believe that a customer is for life and it will be our endeavor to make
your Nissan ownership experience truly cherish able. We will make all efforts in
meeting this commitment and will always welcome your suggestions and advice
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to achieve excellence in everything we do.
The state of the art Service Centre is located at IDA Uppal which has the most
modern Service & Body shop equipment as per global Nissan Standards.
OUR SERVICE CENTER LOCATION
UPPAL SERVICE CENTER
C-15, IDA Uppal, Hyderabad - 500 039.
Service Appointment No. 9666933000
e-mail: [email protected]
The following are some of the facilities provided by Fortune Nissan to all
our esteemed customers:
In case of any break down, you can call our Road side assistance help
line no.98488. Towing facility is arranged with a nominal cost.
Free Pick-up and Drop facility.
Entire range of spare parts and accessories are available to ensure
minimum downtime of your car.
A team of Nissan trained and experienced service technicians to take care
of your car. Customer care executives are available at interactive bays
(IR) to attend to your queries regarding all Nissan products and
maintenance, on your arrival at our service facility.
An air-conditioned Customer lounge with valuable reading material and
related information to make your waiting time more memorable.
Body shop with computerized color mixing equipment and well trained
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skilled staff to take care of your every body shop repair job.
We are Having Hi-Fi Equipments like Autarobot XLSPP (Bench Type)
Crash Repair System with 3D electronic metering, Paint Booth, Robotic
Spot Welder Machine, Infra Red Baser, Portable Dust Extractor, Hydraulic
Push Pull Kit, 3D Wheel Aligner and Balancer, Pneumatic Door Skin
Remover etc.
Insurance help desk to assist you in the event of any accident repair.
MANAGEMENT PROFILE
Carlos Ghosn-
Mr. Carlos Ghosn has been serving as Chairman of the Board, President, Chief
Executive Officer and Representative Director of Nissan Motor Co., Ltd. since June
2008. He is also Chairman of the Board, President and Chief Executive Officer of an
associated company, Renault S.A.S., Chairman of the Board and President of another
company, as well as Director in ARCORE Co., Ltd.
Toshiyuki Shiga-
Mr. Toshiyuki Shiga has been serving as Chief Operating Officer and Representative
Director of Nissan Motor Co., Ltd., since June 2005. He joined the Company in April
1976. His previous titles include Manager of Planning Office, Manager of Alliance
Promotion Office and Managing Executive Officer
Colin Dodge-
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Mr. Colin Dodge has been serving as Executive Vice President and Director of Nissan
Motor Co., Ltd., as well as President and Director of a subsidiary, since June 2009. He
previously served as Managing Executive Officer of the Company. He also used to work
for a United Kingdom-based subsidiary.
Hidetoshi Imazu –
Mr. Hidetoshi Imazu has been serving as Executive Vice President and Director of
Nissan Motor Co., Ltd. since June 2007. He joined the Company in April 1972. His
previous titles include Managing Executive Officer and Director of Auto Body
Technology.
Hiroto Saikawa-
Mr. HirotoSaikawa has been serving as Executive Vice President and Representative
Director of Nissan Motor Co., Ltd. since April 1, 2011. He is also serving as Director of
an associated company, Renault S.A.S. He joined the Company in April 1977. His
previous titles include Director of Purchase Planning and Managing Executive Officer
Carlos Tavares
Mr. Carlos Tavares has been serving as Executive Vice President and Director Nissan
Motor Co., Ltd., as well as President and Director of a subsidiary, since February 2009.
He joined the Company in April 2004. Prior to joining the Company, he worked for
Renault S.A.S.
Mitsuhiko Yamashita
Mr. Mitsuhiko Yamashita Executive Vice President and Director of Nissan Motor Co.,
Ltd. since June 2005. He joined the Company in April 1979. His previous titles include
Director of 1st Vehicle Development and Managing Executive Officer. He used to work
for a United States-based subsidiary as President.
23
PRODUCT PROFILE
All Car Models of Nissan Micra in India
There are six different car Models of Nissan Micra in India.
NISSAN MICRA (PETROL)
Ex-
showroomPrice(HyderabadRs.)
Micra XE
Micra XE Plus
Micra XL
Micra XV
429041
4
Transmission Type Manual
Engine Description DOHC, 12-Valve, 3 Cylinder, In-
Line Petrol Engine
Engine Displacement(cc) 1198
Maximum Power 76 PS at 6000rpm
24
Maximum Torque 104 Nm at 4000rpm
Mileage-City(kmpl) 14.0
Mileage-Highway(kmpl) 18.0
Fuel Type Petrol
Fuel Tank Capacity(litres) 41
Seating Capacity 5
Standard Features ofMicra XE Micra XE PlusMicraXLMicra XV
Air Conditioner
CD Player
Anti-Lock Braking System
Power Steering
Leather Seats
Central Locking
NISSAN MICRA DIESEL
Ex-showroomPrice(HyderabadRs.)Micra Diesel XV PremiumMicra Diesel XV
6,33,8495,85,617
Transmission Type Manual
Engine Description 1.5L, 1461cc, 8 Valve, 4 Cylinder, SOHC, In-Line Diesel Engine
Engine Displacement(cc) 1461
Maximum Power 64 PS at 4000 rpm
Maximum Torque 160 Nm at 2000 rpm
Mileage-City(kmpl) 18.5
Mileage-Highway(kmpl) 23.08
Fuel Type Diesel
Fuel Tank Capacity(litres) 41
Seating Capacity 5 Passengers
25
Standard Features ofMicra Diesel XV Premium Micra Diesel XV
Air Conditioner
CD Player
Anti-Lock Braking System
Power Steering
Power Steering
Leather Steering cover
Central Locking
Alloy Wheels
The top of the line variant XV of Nissan Micra comes fully loaded with
following features:
-Automatic Climate Control system
-Keyless Entry System Push Button Engine Start/Stop System
- Electronic Power Steering
- Power Windows
- Rear Defogger, Wiper & Washer
- Dual SRS Airbags
- Electronic ORVMs
- ABS with EBD
- Music System with 4 Speakers
Shades Available in Nissan Micra
-Sunlight Orange
-Blade Silver26
-Storm White
-Onyx Black
- Pacific Blue
- Brick Red
Nissan Teana
Ex-showroomPrice(HyderabadRs.)
Nissan Teana XL 250
Nissan Teana XV 250
21,03,000
25,40,000
Transmission Type Manual
Engine Description 2.5L 179.6bhp V6, VQ engine
Engine Displacement(cc) 2496
Maximum Power 182 @ 6,000 (PS@rpm)
Maximum Torque 23.2 @ 4,400 (kgm@rpm)
Mileage-City(kmpl) 5.8
Mileage-Highway(kmpl) 8.5
Fuel Type Petrol
Fuel Tank Capacity(litres) 70
Seating Capacity 5
27
Standard Features of Nissan Teana XL Nissan Teana XV
Air Conditioner
CD Player
Anti-Lock Braking System
Power Steering
Power Windows
Leather Seats
Central Locking
Nissan X-Trail
Ex-showroom Price (Hyderabad Rs.)
Nissan X-Trail LE
Nissan X-Trail SLX AT
Nissan X-Trail SLX MT
20,81,000
25,08,000
23,18,000
Transmission Type
Nissan X-Trail LE
Nissan X-Trail SLX AT
Nissan X-Trail SLX MT
Manual
Automatic
Manual
Engine Description 2.0L 149.6bhp 4-cyl. in-line
Engine Displacement(cc) 1995
Maximum Power 149.6 @ 4,000 (PS@rpm)
Maximum Torque 32.7 @ 2,000 (kgm@rpm)
Mileage-City(kmpl) 10.5
Mileage-Highway(kmpl) 14
Fuel Type Diesel
28
Fuel Tank Capacity(litres) 65
Seating Capacity 5
Standard Features of X-Trail LE X-Trail SLX AT X-Trail SLX MT
Air Conditioner
CD Player
Anti-Lock Braking System
Power Steering
Power Windows
Leather Seats
Central Locking
Nissan 370Z
Ex-showroom Price (HyderabadRs.)
Nissan 370Z MT
Nissan 370Z AT
53,50,000
54,50,000
Transmission Type Manual
Engine Description -
Engine Displacement(cc) 3696
Maximum Power 245 (332)/7000
Maximum Torque 363 (37)/5200
Mileage-City(kmpl)
Nissan 370Z MT
Nissan 370Z AT
8.0
7.0
Mileage-Highway(kmpl)
Nissan 370Z MT
Nissan 370Z AT
11.0
10.0
Fuel Type Petrol
29
Fuel Tank Capacity(litres) 72
Seating Capacity 2
Standard Features of Nissan 370Z MT Nissan 370Z AT
Air Conditioner
CD Player
Anti-Lock Braking System
Power Steering
Power Windows
Leather Seats
Central Locking
Nissan Micra XV DCiVs Volkswagen Polo 1.2 Trendline Diesel Vs Ford Figo 1.4 Duratorq Titanium VsMaruti Suzuki Swift VDi BS-IV
Nissan Micra XV DCi Volkswagen Polo 1.2 Trendline Diesel
Ford Figo 1.4 Duratorq Titanium
Maruti Suzuki Swift VDi BS-IV
Ex-Showroom Price
Rs.5,85,764 Rs.5,47,463 Rs.5,71,100 Rs.5,47,519
FeaturesACSunroofRear wash/wipeAudio system CD CD
30
typeCruise controlAirbags 1ABSCentral lockingPower windows
Front Front
Power steeringTachometerTech SpecsARAI efficiency
23.08 kmpl 22.07 kmpl 20.00 kmpl 17.94 kmpl
Fuel type Diesel Diesel Diesel DieselTorque 160Nm @
2000rpm180Nm @ 2000rpm
160Nm @ 2000rpm
190Nm @ 2000rpm
Power 64PS @ 4000rpm
75PS @ 4200RPM
69PS @ 4000rpm 75PS @ 2000rpm
Displacement 1461 cc 1199 cc 1399 cc 1248 cc
Nissan Micra XE PlusVs Skoda Fabia Classic 1.2 MPI Vs Volkswagen Polo 1.2 Trendline Petrol VsMaruti Suzuki Swift LXi BS-IV
1st CarNissan Micra XE Plus
2nd CarSkoda Fabia Classic 1.2 MPI
3rd CarVolkswagen Polo 1.2 Trendline Petrol
4th CarMaruti Suzuki Swift LXi BS-IV
Ex-Showroom Price
Rs.4,53,759 Rs.4,35,459 Rs.4,47,595 Rs.4,41,392
FeaturesACSunroofRear wash/wipeAudio system type
CD
31
Cruise controlAirbags 1 1ABSCentral lockingPower windows
Front
Power steeringTachometerTech SpecsARAI efficiency
18.03 kmpl 15.62 kmpl 17.24 kmpl 17.94 kmpl
Fuel type Petrol Petrol Petrol PetrolTorque 104Nm @
4000rpm110 PS @ 3750rpm
110Nm @ 3750rpm
113Nm @ 4500rpm
Power 76PS @ 6000rpm
55PS @ 5400 rpm
75PS @ 5400rpm
85PS @ 6000rpm
Displacement 1198 cc 1198 cc 1198 cc 1197 cc
INDUSTRY PROFILE
One of the fastest growing industries in the world is automobile industry. This automobile
industry has its influence on the Indian market. Probably automobile Industries occupy a
large market share in the worlds market as well as in the Indian market. Nearly 18% of
the total national income is being incurred from the automobile industry. From this we
can estimate how important the automobile industry in the improvement of GDP of a
country is. In India automobile industry has a growth rate is at the average of 10-12%.
Automotive industry in India
The Automotive industry in India is one of the largest in the world and one of the fastest
growing globally. India manufactures over 17.5 million vehicles (including 2 wheeled and
4 wheeled) and exports about 2.33 million every year. It is the world's second largest
32
manufacturer of motorcycles, with annual sales exceeding 8.5 million in 2009.India's
passenger car and commercial vehicle manufacturing industry is the seventh largest in
the world, with an annual production of more than 3.7 million units in 2010.According to
recent reports, India is set to overtake Brazil to become the sixth largest passenger
vehicle producer in the world, growing 16-18 per cent to sell around three million units in
the course of 2011-12.In 2009, India emerged as Asia's fourth largest exporter
of passenger cars, behind Japan, South Korea, and Thailand.
As of 2010, India is home to 40 million passenger vehicles and more than 3.7 million
automotive vehicles were produced in India in 2010 (an increase of 33.9%), making the
country the second fastest growing automobile market in the world. According to the
Society of Indian Automobile Manufacturers, annual car sales are projected to increase
up to 5 million vehicles by 2015 and more than 9 million by 2020.By 2050, the country is
expected to top the world in car volumes with approximately 611 million vehicles on the
nation’s. A chunk of India's car manufacturing industry is based in and around Chennai,
also known as the "Detroit of India"]with the India operations
of Ford, Hyundai, Renault and Nissan headquartered in the city and BMW having an
assembly plant on the outskirts. Chennai accounts for 60 per cent of the country's
automotive exports. Gurgaon and Manesar in Haryana are hubs where all of the Maruti
Suzuki cars in India are manufactured. The Chakan corridor near Pune, Maharashtra is
another vehicular production hub with companies like General
Motors, Volkswagen, Skoda, Mahindra and Mahindra, Tata Motors, Mercedes
Benz, Land Rover, Fiat and Force Motorshaving assembly plants in the
area. Ahmedabad with the Tata Nano plant, Halol again with General
Motors,Aurangabad with Audi, Skoda and Volkswagen, Kolkatta with Hindustan
Motors, Noida with Honda and Bangalore with Toyota are some of the other automotive
manufacturing regions around the country
Overview
The Indian Automobile Industry is manufacturing over 11 million vehicles and exporting
about 1.5 million every year.[18] The dominant products of the industry are two wheelers
with a market share of over 75% and passenger cars with a market share of about 16%
Commercial vehicles and three wheelers share about 9% of the market between them.
About 91% of the vehicles sold are used by households and only about 9% for
33
commercial purposes.[18] The industry has attained a turnover of more than USD 35
billion and provides direct and indirect employment to over 13 million people.
The supply chain of this industry in India is very similar to the supply chain of the
automotive industry in Europe and America. This may present its own set of
opportunities and threats. The orders of the industry arise from the bottom of the supply
chain i. e., from the consumers and go through the automakers and climbs up until the
third tier suppliers. However the products, as channeled in every traditional automotive
industry, flow from the top of the supply chain to reach the consumers.
Interestingly, the level of trade exports in this sector in India has been medium and
imports have been low. However, this is rapidly changing and both exports and imports
are increasing. The demand determinants of the industry are factors like affordability,
product innovation, infrastructure and price of fuel. Also, the basis of competition in the
sector is high and increasing, and its life cycle stage is growth. With a rapidly growing
middle class, all the advantages of this sector in India are yet to be leveraged.
Note that, with a high cost of developing production facilities, limited accessibility to new
technology and soaring competition, the barriers to enter the Indian Automotive sector
are high. On the other hand, India has a well-developed tax structure. The power to levy
taxes and duties is distributed among the three tiers of Government. The cost structure
of the industry is fairly traditional, but the profitability of motor vehicle manufacturers has
been rising over the past five years. Major players, like Tata Motors and Maruti Suzuki
have material cost of about 80% but are recording profits after tax of about 6% to 11%.
The level of technology change in the Motor vehicle Industry has been high but, the rate
of change in technology has been medium. Investment in the technology by the
producers has been high. System-suppliers of integrated components and sub-systems
have become the order of the day. However, further investment in new technologies will
help the industry be more competitive. Over the past few years, the industry has been
volatile. Currently, India’s increasing per capita disposable income which is expected to
rise by 106% by 2015and growth in exports is playing a major role in the rise and
competitiveness of the industry.
Tata Motors is leading the commercial vehicle segment with a market share of about
64%.Maruti Suzuki is leading the passenger vehicle segment with a market share of
46%.Hyundai Motor India and Mahindra and Mahindra are focusing expanding their 34
footprint in the overseas market. Hero Honda Motors is occupying over 41% and sharing
26% of the two wheeler market in India with Bajaj Auto. Bajaj Auto in itself is occupying
about 58% of the three wheeler market.
Consumers are very important of the survival of the Motor Vehicle manufacturing
industry. In 2008-09, customer sentiment dropped, which burned on the augmentation in
demand of cars. Steel is the major input used by manufacturers and the rise in price of
steel is putting a cost pressure on manufacturers and cost is getting transferred to the
end consumer. The price of oil and petrol affect the driving habits of consumers and the
type of car they buy.
The key to success in the industry is to improve labor productivity, labor flexibility, and
capital efficiency. Having quality manpower, infrastructure improvements, and raw
material availability also play a major role. Access to latest and most efficient technology
and techniques will bring competitive advantage to the major players. Utilizing
manufacturing plants to optimum level and understanding implications from the
government policies are the essentials in the Automotive Industry of India.
Both, Industry and Indian Government are obligated to intervene the Indian Automotive
industry. The Indian government should facilitate infrastructure creation, create favorable
and predictable business environment, attract investment and promote research and
development. The role of Industry will primarily be in designing and manufacturing
products of world-class quality establishing cost competitiveness and improving
productivity in labor and in capital. With a combined effort, the Indian Automotive
industry will emerge as the destination of choice in the world for design and
manufacturing of automobiles.
HISTORY OF INDIAN AUTOMOBILE INDUSTRY
The first car ran on India's roads in 1897. Until the 1930s, cars were imported directly,
but in very small numbers. Embryonic automotive industry emerged in India in the
1940s. Mahindra & Mahindra was established by two brothers as a trading company in
1945, and began assembly of Jeep CJ-3A utility vehicles under license from WillysThe
company soon branched out into the manufacture of light commercial vehicles (LCVs)
and agricultural tractors.
35
Following the independence, in 1947, the Government of India and the private
sector launched efforts to create an automotive component manufacturing industry to
supply to the automobile industry. However, the growth was relatively slow in the 1950s
and 1960s due to nationalization and the license raj which hampered the Indian private
sector. After 1970, the automotive industry started to grow, but the growth was mainly
driven by tractors, commercial vehicles and scooters. Cars were still a major
luxury. Japanese manufacturers entered the Indian market ultimately leading to the
establishment of Maruti Udyog. A number of foreign firms initiated joint ventures with
Indian companies.
In the 1980s, a number of Japanese manufacturers launched joint-ventures for
building motorcycles and light commercial-vehicles. It was at this time that the Indian
government chose Suzuki for its joint-venture to manufacture small cars. Following the
economic liberalization in 1991 and the gradual weakening of the license raj, a number
of Indian and multi-national car companies launched operations. Since then, automotive
component and automobile manufacturing growth has accelerated to meet domestic and
export demands.
Following economic liberalization in India in 1991, the Indian automotive industry has
demonstrated sustained growth as a result of increased competitiveness and relaxed
restrictions. Several Indian automobile manufacturers such as Tata Motors, Maruti
Suzuki and Mahindra and Mahindra, expanded their domestic and international
operations. India's robust economic growth led to the further expansion of its domestic
automobile market which has attracted significant India-specific investment by
multinational manufacturers. In February 2009, monthly sales of passenger cars in India
exceeded 100,000 unitsand has since grown rapidly to a record monthly high of 182,992
units in October 2009. From 2003 to 2010, car sales in India have progressed at a
CAGR of 13.7%, and with only 10% of Indian households owning a car in 2009 (whereas
this figure reaches 80% in Switzerland for example ) this progression is unlikely to stop
in the coming decade. Congestion of Indian roads, more than market demand, will likely
be the limiting factor.
SIAM is the apex industry body representing all the vehicle manufacturers, home-grown
and international, in India.
36
Key statistics
The production of automobiles has greatly increased in the last decade. It passed the 1
million mark during 2003-2004 and has more than doubled since.
Year Car
Production
%
Change
Commercial %
Change
Total Vehicles
Production
%
Change
201
0
2,814,584 29.39 722,199 54.86 3,536,783 33.89
200
9
2,175,220 17.83 466,330 -4.10 2,641,550 13.25
200
8
1,846,051 7.74 486,277 -9.99 2,332,328 3.35
200
7
1,713,479 16.33 540,250 -1.20 2,253,999 10.39
200
6
1,473,000 16.53 546,808 50.74 2,019,808 19.36
200
5
1,264,000 7.27 362, 755 9.00 1,628,755 7.22
200
4
1,178,354 29.78 332,803 31.25 1,511,157 23.13
200
3
907,968 28.98 253,555 32.86 1,161,523 22.96
200
2
703,948 7.55 190,848 19.24 894796 8.96
200
1
654,557 26.37 160,054 -43.52 814611 1.62
200
0
517,957 -2.85 283,403 -0.58 801360 -2.10
Year 2004-2005 2005-2006 2006-2007 2007-2008 2008-2009Motor Vehicle Production
8,467,853 9,743,503 11,087,997 10,853,930 11,175,479
Industry Revenue
24,379 26,969 30,507 32,383 33,342*
37
Exports (Units) 629,544 806,222 1,011,529 1,238,333 1,530,660Exports (Revenue)
1,915 2,231 2,552 3,008 3,718*
Automobile Production
Type of Vehicle 2005-2006 2006-2007 2007-2008 2008-2009 2009-2010
Passenger
Vehicles
1,209,876 1,309,300 1,545,223 1,777,583 1,838,697
Commercial
Vehicles
353,703 391,083 519,982 549,006 417,126
Three
Wheelers
374,445 434,423 556,126 500,660 501,030
Two Wheelers 6,529,829 7,608,697 8,466,666 8,026,681 8,418,626
Total 8,467,853 9,743,503 11,087,997 10,853,930 11,175,479
Automobile SalesPassenger Vehicles 1,061,57
2
1,143,076 1,379,979 1,549,88
2
1,551,880
Commercial Vehicles 318,430 351,041 467,765 490,494 384,122
Three Wheelers 307,862 359,920 403,910 364,781 349,719
Two Wheelers 6,209,76
5
7,052,391 7,872,334 7,249,27
8
7,437,670
Total 7,897,62
9
8,906,428 10,123,988 9,654,43
5
9,723,391
LITERATURE REVIEW
Promotional Strategy
A successful product or service means nothing unless the benefit of such a service can
38
be communicated clearly to the target market. An organizations promotional strategy can
consist of:
Advertising: Is any non-personal paid form of communication using any form of mass
Media.
Public relations: Involves developing positive relationships with the organization
Media public. The art of good public relations is not only to obtain favorable publicity
within the media, but it is also involves being able to handle successfully negative
attention.
Sales promotion: Commonly used to obtain an increase in sales short term. It could
involve using money off coupons or special offers.
Personal selling: Selling a product service one to one.
Direct Mail: Is the sending of publicity material to a named person within an
organization. There has been a massive growth in direct mail campaigns over the last 5
years. Spending on direct mail now amounts to £18 bn a year representing 11.8% of
advertising expenditure (Source: Royal Mail 2000). Organizations can pay thousands of
pounds for databases, which contain names and addresses of potential customers.
Direct mail allows an organization to use their resources more effectively by allowing
them to send publicity material to a named person within their target segment. By
personalizing advertising, response rates increase thus increasing the chance of
improving sales. Listed below are links to organization whose business involves direct
mail.
Promotional Mix
39Promotional
Message and Media Strategy
An effective communication campaign should comprise of a well thought out message
strategy. What message are you trying to put across to your target audience? How will
you deliver that message? Will it be through the appropriate use of branding? Logos or
slogan design? The message should reinforce the benefit of the product and should also
help the company in developing the positioning strategy of the product.
Companies with effective message strategies include:
Nike: Just do it.
40
Advertising Public SalesPersonal InternetDirect
Honda City: The race lies within.
NISSAN motors: Shift the way you move.
Media strategy refers to how the organization is going to deliver their message. What
aspects of the promotional mix will the company use to deliver their message strategy.
Where will they promote? Clearly the company must take into account the readership
and general behavior of their target audience before they select their media strategy.
What newspapers does their target market read? What TV programmers do they
watch? Effective targeting of their media campaign could save the company on
valuable financial resources.
Communication Model- AIDA
AIDA is a communication model which can be used by firms to aid them in selling Their
product or services. AIDA is an Acronym for Attention, Interest, Desire, and Action.
When a product is launched the first goal is to grab attention. Think, how can an
organization use it skills to do this? Use well-known personalities to sell products? Once
you grab attention how can you hold Interest, through promoting features, clearly stating
the benefit the product has to offer? The third stage is desire, how can you make the
product desirable to the consumer? By demonstrating it? The final stage is the purchase
action; if the company has been successful with its strategy then the target customer
should purchase the product.
Internet Promotion
The development of the World Wide Web has changed the business environment
41
Forever. Dot com fever has taken the industry and stock markets by storm. The e-
Commerce revolution promises to deliver a more efficient way of conducting business.
Shoppers can now purchase from the comfort of their home 24 hours a day 7 days a
week. Owning a website is a now a crucial ingredient to the marketing mix strategy of an
organization. Consumers can now obtain instant information on products or services to
aid them in their crucial purchase decision. Sony Japan took pre-orders of their popular
Play Station 2 console over the net, which topped a 1 million after a few days, European
football stars are now issuing press releases over the web with the sites registered
under their own names. Hit rates are phenomenal. Advertisers have now moved their
money over to the internet as customers are on average spending more time online then
watching TV. Popular ways to advertise seem to be with banners and pop ups.
Promotion Process for Cars
Selecting the Target Market
To say that target market selection is a part of promotional/marketing strategy
Development is just stating the obvious. Marketing targeting simply means choosing
one’s target market. It needs to be clarified at the outset that market targeting is not
synonymous with market segmentation. Segmentation is actually tee prelude to target
market selection. One has to carry out several tasks besides segmentation before
choosing the target market. Through segmentation, a firm divides the market into many
segments. But all these segments need not form its target market. Target market
signifies only those segments that it wants to adopt as its market. A selection is thus
involved in it.
Marketing segmentation is a process that throws up not one but several market
segments. There may be segments that are sizeable and the ones that are not so
sizeable. There may be segments assuring immediate profits and the ones that call for
heavy investments in market development. There may also be segments that show great
potential, but display tough barriers to entry. As such, the question, which 42
segment/segments, the firm should select as its target market, assumes crucial
importance. Markets can be segmented using several relevant bases. For example,
demographic characteristics of consumers, such as age, sex, income/purchasing
capacity, education level etc, form one base for segmentation. Geographic
characteristics constitute another; and buying behavior of the consumers forms yet
another base. The various types of segmentations are Geographic segmentation,
Demographic segmentation, Psychographic segmentation, etc.
Product Positioning and Brand Positioning
It is essential to understand the relationship between products positioning and brand
positioning. Though in discussions, the two terms are synonymously andinterchangeable
used, technically they are different. Product positioning denotes the specific product
category/product class in which the given product is opting to compete. And brand
positioning denotes the positioning of the brand viz-a viz the competing brands in the
chosen product category. It is evident that for any product, before entering the market it
has to sequentially carry out the two exercises, product positioning and brand
positioning. In the first step, the product category where the new entrant should enter
and compete, i.e. against what all products it has to compete, has to be decided. In this
step, it is the broad function that the product is trying to serve that matters. This choice
of product category will decide the nature of the competition the product is going to face.
Once product category positioning is decided, the position for the new entrant
againstcompeting brands in the chosen product category has to be analyzed and fixed.
Issues in Brand Positioning
In deciding the brand positioning, the issues are:
Which are the competing brands in the chosen product category?
43
What are the unique claims/strengths of the various brands?
What position do they enjoy in consumer’s evaluation and perception?
What is the most favored position…?
Can the new brand claim the needed distinction and take the position and
Satisfy the need?
Promotional Decisions
Promotion has been defined as the coordination of all seller initiated efforts to set up
channels of information and persuasion in order to sell goods and services or promote
an idea. While implicit communication occurs through the various elements of the
marketing mix, most of an organization’s communications with the market. The basic
tools used to accomplish an organization’s communication objectives are often referred
to as the promotional mix.
Tools of Promotional Mix
Advertising
Advertising is defined as any paid form of non personal communication about an
organization, product, service, or idea by an identified sponsor. The paid aspect of this
definition reflects the fact that the space or time for an advertising message generally be
bought. An occasional exception to this is the public service announcement, whose
advertising space or time is donated by the media. Advertising is the best-known and
most widely discussed form of promotion, probably because of its pervasiveness. It is
also very important promotional tool, particularly for companies, whose products and
services are targeted at mass consumer markets. It is a very cost-effective method for
communicating with large audiences. It can be used to create brand images and
symbolic appeals for a company or brand.
Direct Marketing
One of the fastest-growing sectors of the U.S. economy is direct marketing, in which
organizations communicate directly with target customers to generate a response and a
transaction. It has become such an integral part of the IMC program of many
44
organizations and often involves separate objectives, budgets, and strategies; we view
direct marketing as a component of the promotional mix.
Direct Marketing is much more than direct mail and mail order catalogs. It involves a
variety of activities, including database management, direct selling, telemarketing and
direct response ads through direct mail, the Internet, and various broadcast and print
media.
One of the major tools of direct marketing is direct response advertising, whereby a
product is promoted through an ad that encourages the consumer to purchase directly
from the manufacturer.
Interactive/Internet Marketing
Interactive media allow for the back-and-forth flow of information whereby users can
participate in and modify the form and content of the information they receive in real
time. Unlike traditional forms of marketing communications such as advertising, which
are one-way in nature, the new media allow users to perform a variety of functions such
as receive and alter information and images, make inquiries, respond to questions and
of course make purchases. In addition to the Internet, other forms of interactive media
include CDROMs, Kiosks, and interactive television.
Sales Promotion
The next variable in the promotional mix is sales promotion, which is generally defined
as those marketing activities that provide extra value or incentives to the sales force, the
distributors, or the ultimate consumer and can stimulate immediate sales, sales
promotion is generally broken into Consumer-oriented and Trade-oriented activities.
Consumer-oriented sales promotion is targeted to the ultimate user of a product or
service and includes couponing, sampling, premiums, rebates, contests, sweepstakes,
and various point-of-purchase materials. Trade-oriented sales promotions are targeted
towards marketing intermediaries such as wholesalers, distributors and retailers.
Effective Sales Promotion
Sales promotion consists of diverse collection of incentive tools mostly short term,
designed to stimulate quicker and greater purchase of particular products of services by
45
the consumer. Sales promotion is the only method that makes use of incentives to
complete the push-pull promotional strategy of motivating the sale force, the dealer and
the consumer in transacting a sale.
Price-Off Offers
Price-off offers refers to offering the product at lower than the normal price. This
encourages immediate sales, attracts non-users, induces product trail and counters
competition.
Premium
Premium refers to the offer of an article of merchandise as an incentive in or to sell the
product.
Coupons
In order to encourage product trail, stimulate re-purchase rate and build loyalty
through newspapers.
Dealer stock display context
It is a type of point of purchase advertising which uses the show windows of the dealer
for providing exposure to the sponsor’s products. Dealer participating enthusiastically
and creatively are awarded.
Publicity/ Public Relations
Publicity refers to non-personal communications regarding an organization, product,
service, or idea not directly paid for or run under identified sponsorship. It usually comes
in the form of a news story, editorial or announcement about an organization and its
products and services. Like advertising, publicity is not directly paid for by the company.
An advantage of publicity over other forms of promotion is its credibility. Another
advantage of publicity is its low cost, since the company is not paying its time or space in
a mass medium such as TV, radio or newspapers.
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Public relations are defined as “the management function which evaluates public
attitudes, identifies the policies and procedures of an individual or organization with the
public interests and executes a program of action to earn public understanding and
acceptance”. Public relations generally have a broader objective than publicity, as its
purpose is to establish and maintain a positive image of the company among its various
publics.
Personal Selling
It is a form of person-to-person communication in which a seller attempts to assist and
persuade prospective buyers to purchase the company’s product or service or to act on
an idea. Unlike advertising, personal selling involves direct contact between buyer and
seller, either face-to-face or through some form of telecommunications such as
telephone sales. Personal selling involves more immediate and precise feedback
because the impact of the sales presentation can generally be assessed from the
customer’s reactions.
RESEARCH METHODOLOGY
MARKETING RESEARCH:
Definition of marketing research as approved as by the board of directors of the
association of American marketing association is: “Marketing research is the function
which links the customer and public to the marketer through information – information
used to identity and define marketing opportunities and problems generate define and
understanding of marketing as process”. Simply, marketing research is the systematic
design collection analysis and reporting of data finding relevant to a specific marketing
situation facing the company. Carefully planning through all stages of the research is a
necessity. Objectivity in research is all-important. The heart of scientific method is the
objective gathering of the information. The function as marketing research within the
company as to provide the information and analytical necessary for effective.
Planning of the future marketing activity.
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Control of the marketing operation in the present.
Evaluation of marketing results.
STEPS IN MARKETING RESEARCH:
Marketing research process can be out through following steps.
Define the problems and research objectives
Develops the research plan
Collect the information
Analysis and interpretation
Present the finding.
PRIMARY DATA:
It consists of information collected for the specific purpose, survey research was used
and he all the details of Nissan and their competitors were contacted. Survey research is
the approached gathering description and information.
SECONDARY DATA COLLECTION:
The secondary data consists of information that already existing somewhere having
been collected for another purpose. Any researcher begins the research work by first
going through secondary data. Secondary data includes the information available with
company. It may be the findings of research previously done in the field. Secondary data
can also be collected from the magazines, news papers, internet other service
conducted by researchers.
METHODS OF DATA COLLECTION:
The study includes in it the data collected through both primary and secondary
sources. Primary data is collected with the help of structured questionnaire and personal
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meeting. Questionnaire is administered on the sample respondents. However there are
certain cases where personal interactive method is followed with customers to find the
satisfaction level.
RESEARCH METHODOLOGY:
The respondents are the car owner of any company or intender of car. The survey was
carried in twin cities of Hyderabad and Secuendrabad with the sample size of 100. The
survey was carried out with the help of a structured questionnaire, which help in
accomplishing the research objective. The respondents by means of personal interview
administer during the event shows this structured questionnaire.
Analysis & Interpretation:
1) Which of the following company’s car do you own?
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a) Maruti Suzuki b) Hyundai c) Honda
d) Ford e) Nissan f) Other
Data Analysis
Name of the Company No. of Respondents
a) Maruti Suzuki 36
b) Hyundai 15
c) Honda 9
d) Ford 14
e) Nissan 18
f) Other 8
Total 100
Table. No.1
No. of Respondents
a) Maruti Suzuki
b) Hyundai
c) Honda
d) Ford
e) Nissan
f) Other
Fig. no.1
Interpretation- This question is meant for taking the information regarding the most
preferred car company in Hyderabad. From the above graph it is found that most
preferred car company is Maruti Suzuki.
2. Do you know about Nissan Micra?
a) Yes b) No50
Data Analysis
Customers awareness No. of Respondents
a) Yes 100
b) No 0
Total 100
Table. No.2
100%
No. of Respondentsa) Yes b) No
Fig. no.2
Interpretation- This question is meant to know that people are aware about Nissan
Micra or not. From the above graph it is found that everyone knows about NissanMicra.
3. What do you like most about Nissan Micra?
a) Style/design b) Comfort
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c) Nissan brand d) Service
Data Analysis
Customers preference No. of Respondents
a) Style/design 17
b) Comfort 29
c) Nissan brand 46
d) Service 8
Total 100
Table. No.3
17%
29%46%
8%
% of Respondents
a) Style/design b) Comfort c) Nissan brand d) Service
Fig. no.3
Interpretation- This question is meant to know the customers preferences and likes towards the cars. From the data we can position our product to the comfort seeking group of people.
4. What do you feel great about your car when compared to other cars in the
market?
a) Fuel efficiency b) Durability c) Low maintenance
d) Sound quality e) Brand name
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Data Analysis
Customer perspective No. of Respondents
a) Fuel efficiency 24
b) Durability 5
c) Low maintenance 16
d) Sound quality 13
e) Brand name 42
Total 100
Table. No.4
24%
5%
16%
13%
42%
% of Respondents
a) Fuel efficiency
b) Durability
c) Low maintenance
d) Sound quality
e) Brand name
Fig. no.4
Interpretation - From this question we can position the cars according to the Respondents perspectives. Many of the Respondents are buying the cars by seeing its Brand Name only. The no. of customers satisfied with the fuel efficiency are very low.
5. How did you come to know about your car before purchasing?
a) From friends, relatives b) Advertisements c) Car experts
d) Sale’s persons visit e) Auto magazines
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Data Analysis
Sources of awareness No. of Respondents
a) From friends, relatives 18
b) Advertisements 56
c) Car experts 9
d) Sale’s persons visit 3
e) Auto magazines 14
Total 100
Table. No.5
18%
56%
9%
3% 14%
% of Respondents
a) From friends, rela-tives b) Advertisements c) Car expertsd) Sale’s persons visit e) Auto magazines
Fig. no.5
Interpretation- Most of the Respondents came to know about their vehicle through advertisements only. The major media that attracted the customers is television.
6 . How do you rate the promotion of Nissan Micra by Fortune Nissan?
a) Excellent b) Very good c) Good
d) Average e)Poor
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Data Analysis
Rating No. of Respondents
a) Excellent 9
b) Very good 29
c) Good 53
d) Average 9
e)Poor O
Total 100
Table No.6
9%29%
53%
9%
% of Respondents
a) Excellent b) Very good c) Good
d) Average
e)Poor
Fig. no.6
Interpretation- It has been observing from the table and graph above it can be seen that most of the people think that the promotion of Nissan Micra by Fortune Nissan was good.
7. Where do you get your car serviced regularly?
a) At authorized service centre b) At a local workshop near my home
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Data Analysis
Place of service No. of Respondents
a) At authorized service centre 86
b) At a local workshop near my home 14
Total 100
Table. No.7
a) At authorized service centreb) At a local workshop near my home
Fig. no.7
Interpretation- Most of the people are interested to service their vehicles only at the authorized dealers. From this we come to know what the importance of authorized service centers for car is.
8. Which bank do you prefer in getting financial help while purchasing a car?
a) ICICI b) HDFC
c) SBI d) others56
Data Analysis
Place of service No. of Respondents
a) ICICI 34
b) HDFC 18
c) SBI 39
d) others 9
Total 100
Table. No.8
a) ICICI
34%
b) HDFC18%
c) SBI
39%
d) others9%
% of Respondents
Fig. no.8
Interpretation- Most of the customers prefers ICICI and SBI banks for taking financial help while purchasing a car. Customers are asking for min interest on financial help provided by the banks.
9. Which type of finance do you prefer?
a) In house finance b) Out house finance
c) No difference between the two
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Data Analysis
Type of finance No. of Respondents
a) In house finance 64
b) Out house finance 29
c) No difference between the two 7
Total 100
Table. No.9
a) In house finance
64%
b) Out house finance29%
c) No difference be-tween the two
7%
% of Respondents
Fig. no.9
Interpretation: It has been observe that most of the customers prefer house finance help while purchasing a car.
10. To which media do you get expose regularly?
a) Televisions b) Magazines
58
c) Newspapers d) F.M/Radio
Data Analysis
Media No. of Respondents
a) Televisions 56
b) Magazines 29
c) News papers 15
d) F.M/Radio 0
Total 100
Table. No.10
a) Televisions 56%
b) Magazines29%
c) News papers
15%
% of Respondents
Fig. no.10
Interpretation- From this analysis we come to know that most of the Respondents are interested in watching televisions, which is a good media for communicating with people and delivering our intentions about product.
11. What kinds of offers do you like or expect from the dealer?
a) Free insurance b) Special discount on sale of cars
c) Extending the service period d) Finance availability with 0% interest59
Data Analysis
Offers No. of Respondents
a) Free insurance 15
b) Special discount on sale of cars 8
c) Extending the service period 51
d) Finance availability with 0% interest 26
Total 100
Table. No.14
a) Free insurance
15%b) Special discount on
sale of cars8%
c) Extending the ser-vice period
51%
d) Finance availability with 0% interest
26%
% of Respondents
Fig. no.11
Interpretation- By the result of this question we come to know about the various promotional techniques/offers which attract the customers. From the above analysis many customers are expecting the extension in the service period from the various offers given to them.
12. What more do you expect from your dealer?
a) Information about new cars b) Information about service and mileage
c) Assistance regarding loans and insurance d) Understanding customer needs
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Data Analysis
Expectations of customer No. of Respondents
a) Information about new cars 68
b) Information about service and mileage 8
c) Assistance regarding loans and insurance 20
d) Understanding customer needs 4
Total 100
Table No. 15
7%
65%
15%
13%
% of Respondents
a) Information about new cars
b) Information about service and mileage
c) Assistance regard-ing loans and insur-ance
d) Understanding cus-tomer needs
Fig. no.12
Interpretation- Most of the customers are expecting the information about service and mileage regarding the cars from the dealer. From the above analysis we come to know about the customer’s expectations and their post purchase service demands from the dealer.
13) As per you which vehicle comes close to Micra.
a) Maruti Swift b) Skoda Fabia Classic c) Ford Figo
d) Volkswagen Polo
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Data Analysis
Rating No. of Respondents
a)Maruti Swift 32
b) Skoda Fabia Classic 24
c) Ford Figo 28
d) Volkswagen Polo 16
Total 100
Table. No.20
a) Maruti Swift18%
b) Skoda Fabia Classic23%
c) Ford Figo31%
d) Volkswagen Polo
28%
% of Respondents
Fig. no.13
Interpretation-This question is meant to know that which vehicle come close to Micra as per the customer of Hyderabad
FINDINGS:
The brand image of NISSAN is Excellent. Everyone is aware of Nissan. In
Hyderabad most of the people are think that Nissan vehicles are for rich
people.
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Brand awareness has got a great range of influence on buying behavior.
Now-a-days people are Brand conscious. Products or Services having a
good Brand image has got a great range of influence on buying behavior.
Promoting a product and creating awareness through conducting event
show in different areas of a pre plane with bank manager and meeting
with customer personally has an influence on the people rather than non-
personal channels.
Customer’s perspectives, Many of the People are buying the cars by
seeing its brand name only. The no. of customers satisfied with the fuel
efficiency is very low.
Most of the People came to know about their vehicle through
Advertisements only. The major media that attracted the customers is
television.
Most of the customers prefer ICICI and SBI banks for taking financial help
while purchasing a car. Customers are asking for min interest on financial
help provided by the banks.
In hatchback cars millage plays a major role on buying behavior. People
who are choosing hatch back car segment are mostly from employees and
middle class. They cannot effort more.
Most of the people want to see entertainment channels and next
preference goes to the regional news channels.
RECOMMENDATION:
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Advertisements through televisions can influence many categories of
people. So try to concentrate on this segment. We don’t see or find much
of the Nissan Micra advertisements in T.V.
Try to provide financial facility of all customers at minimum interest.
Please try to increase the number of Service centers. And keep Service
Stations at main locations of the city, like Banjara Hills, Jubilee Hills,
Begumpet etc., where many customers feel it easy to go to service
centers..
Fortune Nissan has to concentrate on new strategies for the promotion of
Nissan Micra. As it is a newly launched model of the Nissan it is the time
to capture market of the hatchback car segment. Currently Micra is having
a good response in the market.
Fortune Nissan should poster of the all Models all Nissan Micra and put it
in all bank branches, because now many customer are firstly approaching
for car loan in bank and they make their decision there for good car.
Please provide information about new cars along with their price lists at
least once in 6 months.
QUESTIONNAIRE:
Name:
E-mail address:
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1) Which of the following company’s car do you own?
a) Maruti Suzuki b) Hyundai c) Honda
d) Ford e) Nissan f) Other
(Respondent can opt for more than one choice)
2. Do you know about Nissan Micra?
a) Yes b) No
3. What do you like most about Nissan Micra?
a) Style/design b) Comfort
c) Nissan brand d) Service
4. What do you feel great about your car when compared to other cars in the
market?
a) Fuel efficiency b) Durability c) Low maintenance
d) Sound quality e) Brand name
5. How did you come to know about your car before purchasing?
a) From friends, relatives b) Advertisements c) Car experts
d) Sale’s persons visit e) Auto magazines
6. How do you rate the promotion of Nissan Micra by Fortune Nissan?
a) Excellent b) Very good c) Good
d) Average e) Poor
7. Where do you get your car serviced regularly?
a) At authorized service centre b) At a local workshop near my home
8. Which bank do you prefer in getting financial help while purchasing a car?
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a) ICICI b) HDFC
c) SBI d) others
9. Which type of finance do you prefer?
a) In house finance b) Out house finance
c) No difference between the two
10. To which media do you get expose regularly?
a) Televisions b) Magazines
c) News papers d) F.M/Radio
11. What kinds of offers do you like or expect from the dealer?
a) Free insurance b) Special discount on sale of cars
c) Extending the service period d) Finance availability with 0% interest
12. What more do you expect from your dealer?
a) Information about new cars b) Information about service and mileage
c) Assistance regarding loans and insurance d) Understanding customer
13) As per you which vehicle comes close to Micra?
a) Maruti Swift b) Skoda Fabia Classic c) Ford Figo
d) Volkswagen Polo
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BIBLIOGRAPHY
http://en.wikipedia.org/wiki/Automotive_industry_in_India
http://www.oncars.in/Compare-cars/1/7,55,23,38/1#pg
http://www.conceptcarz.com/view/makeHistory/110,19773/
Nissan_History.aspx
http://www.fundinguniverse.com/company-histories/Nissan-Motor-
Co-Ltd-Company-History.html
http://www.cardekho.com/compare4car/Nissan_Micra_XE/
Skoda_Fabia_1.2_MPI_Classic/Ford_Figo_Petrol_EXI/
Hyundai_i10_Magnas
http://www.cardekho.com/overview/Nissan_Micra/
Nissan_Micra_Diesel_XV.htm
http://autos.maxabout.com/cvid0000710/nissan_micra.aspx
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