Nissan Announces Cost Cutting Versa To Claim Cheapest Car In America
Agent009 submitted on 10/31/2008 Official Bell & Ross Timestamp: 12:09:36 PM
14 user comments | Category: New Cars | Source: | SOURCE: www.bloomberg.com
Nissan Motor Co.
, seeking to boost U.S. sales during an industry slump, said it will offer the market's lowest-priced car and no-interest loans on its five best-selling models. A version of the Versa small car will sell for $9,990 starting Nov. 18, Al Castignetti, general manager of U.S. Nissan- brand sales, said in an interview. Costs were reduced by using a smaller engine and having less standard equipment, he said.
``It's tough economic times, so we want consumers to know Nissan is doing something about it,'' Castignetti said. ``As far as we know, this is the lowest-priced product out there.''
2008 SEMA Auto Show Photo Gallery
Read Article