Japanese automaker Nissan is ending manufacturing of Datsun model autos, lower than a decade after reviving the famed price range automotive to woo cost-conscious clients in rising markets, the corporate mentioned on Monday.
“Nissan is specializing in core fashions and segments that deliver probably the most profit to clients, seller companions and the enterprise,” it mentioned in a press release.
“Manufacturing of Datsun redi-GO will stop on the Chennai Plant,” it mentioned, including that gross sales of already constructed fashions would proceed.
The ability in India was the final one working for the model, after manufacturing resulted in Indonesia and Russia.
The corporate mentioned aftersales service and elements would stay accessible.
Nissan first killed off the Datsun model in 1981, however it was revived in 2013 by then-CEO Carlos Ghosn.
Ghosn would go on to be arrested in Japan on allegations of monetary misconduct, earlier than leaping bail and fleeing to Lebanon the place he stays a global fugitive.
Datsun’s second dying reportedly follows disappointing gross sales, and comes as Nissan tries to tug itself out of a years-long stoop.
The Datsun first went on sale in 1931 and was was offered in 190 international locations.
Its revived model had a a lot smaller footprint, with over 7,000 items offered final yr, in keeping with Nissan.
Nissan’s $95 million go well with in opposition to Ghosn begins in Japan
© 2022 AFP
Nissan ending manufacturing of Datsun model autos (2022, April 25)
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