Nissan India is currently busy working on a new sub-Micra small car, which has been codenamed K2. According to the fresh reports, this small car will hit the Indian roads by the year 2013. Also speculations suggest that Nissan K2 will be conceived on the very prominent Renault-Nissan V Platform, the same which is also present in Nissan Micra and Renault Pulse. Apparently, Nissan sub-Micra K2 will share numerous parts with Nissan Micra to curb the price tag. The price of this small car is expected to fall in the price range of Rs. 3 lakh to Rs. 4.5 lakh.
Under the hood, the 1.2 litre, three cylinder engine could be maintained, whereas a smaller diesel variant is expected as well. In case that happens, the new Nissan sub-Micra K2 small car could become the least priced diesel car in the country. This new small car will dive into the cut-throat competition in the hatchback segment of the Indian car market. The car will directly compete with Hyundai i10, and Maruti Wagon R, which are considered as the leaders of the segment, but do not have a diesel variant on the offering at present.
On the other hand, India’s largest car maker is currently working on the diesel version of Wagon R. The new sub-Micra car could be shared with Renault India just like Pulse which became the rebadged version of Nissan Micra. However, it is still imprecise whether Renault’s sub-4 lakh small car will have any relation to Nissan sub-Micra K2. Earlier there were some reports, which suggested that Renault India will bring in a sub-Rs 4 lakh small car in the country, but it will not use the V-Platform and will be based on A-Platform. Therefore, now it would be really interesting to see whether Nissan’ new car and Renault’s sub-4 lakh small car will use the same or different platforms.