Word: nissan
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Dates: during 2000-2009
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India, home of the $2,500 Tata Motors Nano, is quickly becoming the capital of a new generation of tiny econo-cars as major auto manufacturers crowd into the fast-growing market. Over the next 18 to 24 months, Honda, Toyota, Ford, General Motors and Nissan-Renault are all launching compact vehicles for India, which is rising as a manufacturing and export hub for cheap, fuel-efficient transportation...
...Meanwhile Nissan's Micra hatchback will debut in India in May. And Renault, which has a tie-up with India's Bajaj Auto, is taking on the 660 cc-engine Nano by developing its own low-priced city car that will be constructed partially of motorcycle parts to save costs. (See the 12 most important cars of all time...
...scoreboard” or “we’re better endowed (financially),” keep your knickerbockers on and listen. Just like MTV’s “My Super Sweet Sixteen” made your 16th birthday (where your dad unveiled a doorless 1988 Nissan Sentra as your wheels for the next two years before saying—in complete seriousness—“Pimpin’ ain’t easy”) feel worthless, your friendly neighborhood John Song will demolish Harvard’s already below-average self-esteem...
...Monday a new committee called the Electrification Coalition was announced. Its 12 members include a utility, PG&E, but also members of industry, including Nissan chairman Carlos Ghosn as well as FedEx chairman Frederick Smith. The coalition's goal is to have electricity account for 75% of light-duty vehicle miles traveled by the year 2040. It also envisions a network of "fast-charging" stations, which would be capable of recharging a car in minutes. If that sounds expensive, it is. The coalition is calling for roughly $120 billion to be spent by the U.S. government over the next eight...
...retail car owner, it's likely to be an evolutionary change. Fred Standish, a spokesman for Nissan, which is preparing to launch the all-electric Leaf next year in the U.S., says the Japanese automaker expects the first EV drivers to be people who have garages where they can plug in at night. Owing to the lack of charging stations, he says they will also likely limit their EVs to short trips. "There is going to have to be a lot of education, because this a major change," he says...