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TOPIC : Made in India cars to be exported to US
Nissan Motor may eventually export low-cost Indian-built cars to the US if the Japanese carmaker can modify them for the world's biggest auto market.
The vehicles could cost less than $ 5,000 in the US even after modifications to meet local safety and emission standards, Chief Executive Officer Carlos Ghosn told reporters at the Tokyo Motor Show. The models will likely cost about $ 3,000 in India, he added.
The cars, costing a fraction of the $ 25,000 average for new passenger vehicles in the US, may win customers as higher gasoline prices boost sales of smaller and more fuel-efficient models.
Nissan, Japan's third-biggest automaker, is studying plans to build the car with Bajaj Auto, India's second- biggest motorcycle maker.
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