Renault-Nissan expects the deal with India’s Bajaj Auto Ltd. to build an ultra low-cost car will go through after their visit to Bajaj’s plant in Pune, India. The company stated that the car will come in three brands’ badges, and expects a 2010 launch. This car will directly compete with Tata Motors’ car of $2,500, which is scheduled to be launched in 2008.
Nissan announced plans to release a fuel-efficient, diesel-powered version of its popular X-Trail SUV in Japan by 2008.
News of Nissan's work on a lithium-ion battery-powered engine for economy cars in India is released. Nissan hopes to launch the car within the next two years to compete with upcoming launches of sub-$3,000 cars in India.
Nissan cut its prior operating and net profit forecasts for the full-year ending March 31, 2007 by 12% each.
Nissan announces establishment of joint venture with Dongfeng Motor Co. in order to promote Nissan autos that Dongfeng imports into China.