Nissan To Reintroduce Datsun As A Budget Brand

Nissan Motor Co's revived Datsun brand will target increasing sales in Indonesia, India and Russia, the firm's chief executive told reporters on Tuesday.

Nissan plans to invest $400 million in Indonesia over the next two years, will double hiring by 2014 and triple its dealerships in Southeast Asia's largest economy to 90,000, CEO Carlos Ghosn said during a visit to Jakarta.

Nissan quit using the Datsun brand in 1981, but earlier this month a newspaper announced plans to revive the nameplate for cars and trucks for emerging markets.

FromThePassengerSeat - 3/20/2012 11:15:04 AM

+2 Boost

But will there be a new 240Z?