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Nissan plans an entry-level car

A day after announcing a low-cost $2500 car in partnership with Bajaj, Nissan has chalked out plans to also go solo and introduce an entrylevel car in India by early 2010. The car, with 90% localisation, will be priced aggressively in the volume segment. "Nissan will compete in the entrycar with a dedicated platform that will be used for at least three models built in five leading competitive countries (LCCs), the first of which will be produced in Thailand and India in early 2010,' Carlos Ghosn, president and CEO of Nissan, said.