We Hear: New Infiniti Entry-Level Model to Target A3, Lexus CT
Alex
Nishimoto on July 6 2011 4:20 PM
An entry-level
compact has been missing from Infiniti’s lineup since the demise of the G20 in 2002. Now,
Automotive News reports that Nissan is planning to introduce a new compact Infiniti model
to compete with cars like the Audi A3 and Lexus CT 200h. Part of Nissan’s plan
to beef up Infiniti’s model range to 10 vehicles by 2017, the introduction of
the entry-level model will be accompanied by the JX crossover as
well as a Nissan Leaf-based Infiniti EV.
A person familiar with Infiniti’s plans
told Automotive News that the new compact model would
be based on the Etherea concept (pictured) that bowed
at the Geneva International Motor Show in March. Nissan plans to target the
entry-level luxury segment with this new model because that market is
large and is expected to bring higher sales for Infiniti, according to Automotive News’ source.
The Infiniti G is currently the least expensive model that the brand sells, and accounted for about 60 percent of all Infiniti sales in June. Still, sales lag behind competitors with entry-level models. If a model below the G were offered, it could mean stronger sales for the brand going forward. As the company laid out in its new midterm business plan on June 27, Nissan hopes to claim eight percent of the world auto market within the next six years. Nissan CEO Carlos Ghosn also set the goal of taking 10 percent of the global luxury market in the same time frame with Infiniti.
Along with increasing its market share, Nissan intends to increase global sales volume of Infiniti models to 500,000 units a year by 2017, up significantly from today’s numbers, which stand at about 150,000 units a year. The new plan also calls for Nissan to move production of Infiniti models, which have been produced exclusively in Japan since the introduction of the QX56, overseas. We already reported that the JX will be built at Nissan’s plant in Smyrna, TN. Since the Infiniti EV shares underpinnings with the Nissan Leaf, Ghosn said that manufacture of the car at Nissan’s plant in Tochigi, Japan, the site of current Leaf production, is “very likely.” However, since the Leaf is also expected to be built in Smyrna by 2013, production of the Infiniti-branded EV in the U.S. is also a strong possibility.
When asked about future Infiniti production sites, Ghosn said, “I cannot imagine that 500,000 Infiniti cars are going to be shipped from one location. The natural location is North America and/or China.”
Wherever it’s built, Infiniti’s Audi A3 fighter should arrive within a few years, following the introduction of the JX in 2012 and possibly alongside the Infiniti EV expected by 2014.
The Infiniti G is currently the least expensive model that the brand sells, and accounted for about 60 percent of all Infiniti sales in June. Still, sales lag behind competitors with entry-level models. If a model below the G were offered, it could mean stronger sales for the brand going forward. As the company laid out in its new midterm business plan on June 27, Nissan hopes to claim eight percent of the world auto market within the next six years. Nissan CEO Carlos Ghosn also set the goal of taking 10 percent of the global luxury market in the same time frame with Infiniti.
Along with increasing its market share, Nissan intends to increase global sales volume of Infiniti models to 500,000 units a year by 2017, up significantly from today’s numbers, which stand at about 150,000 units a year. The new plan also calls for Nissan to move production of Infiniti models, which have been produced exclusively in Japan since the introduction of the QX56, overseas. We already reported that the JX will be built at Nissan’s plant in Smyrna, TN. Since the Infiniti EV shares underpinnings with the Nissan Leaf, Ghosn said that manufacture of the car at Nissan’s plant in Tochigi, Japan, the site of current Leaf production, is “very likely.” However, since the Leaf is also expected to be built in Smyrna by 2013, production of the Infiniti-branded EV in the U.S. is also a strong possibility.
When asked about future Infiniti production sites, Ghosn said, “I cannot imagine that 500,000 Infiniti cars are going to be shipped from one location. The natural location is North America and/or China.”
Wherever it’s built, Infiniti’s Audi A3 fighter should arrive within a few years, following the introduction of the JX in 2012 and possibly alongside the Infiniti EV expected by 2014.
Read more: http://wot.motortrend.com/infiniti-to-get-entry-level-model-will-go-up-against-audi-a3-93207.html#ixzz1RX0Ct2O7
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