Nissan’s new 2013 Altima debuts in New York

Nissan’s new 2013 Altima debuts in New York

Nissan Motor Co. yesterday pull wraps off its new 2013 Altima at the New York International Auto Show in United States.

The 2013 Altima midsize sedan, which aims to challenge the likes of Honda Accord and Toyota Camry, is more stylish and distinctive than its predecessors, thanks to its wider-looking front and sharply defined fender flares.

Nissan chief Carlos Ghosn described the new Altima as a blend of style, performance and value. Speaking about the new car, Ghosn said, “The new Altima hits the consumer bulls-eye dead center by delivering a balance of style, performance and value that will continue to make it one of the most popular cars in America.”

Models with a 182-horsepower, 2.5-liter 4-cylinder engine will offer a fuel economy rating of around thirty-eight miles a gallon on highways. However consumers will also have an option to choose a 3.5-liter V6 model with
270-horsepower.

Both of the above-mentioned models will come equipped with continuously variable transmissions (CVTs).

Nissan has plans to roll out five new models in the next fifteen months, and the 2013 Altima and the upcoming Pathfinder crossover are the first two of those five models.

The new Altima will go on sale in July at a base price tag of $21,500.


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Overseas firms look past weakness in Indian economy

Overseas firms look past weakness in Indian economy

Global firms are making huge investments in India's consumer market, despite the overall weakness in the Asia's third-largest economy.

In the recent past, consumer goods giant Unilever announced its decision to invest $5.4 billion to increase its stake in its Indian arm Hindustan Unilever Ltd.

Available figures suggest that foreign companies collectively spent around $9.86 in mergers and acquisitions in India this year. The figure is the highest in Asia.

Chennai-born Mittu Chandilya to pilot AirAsia’s India operations

Chennai-born Mittu Chandilya to pilot AirAsia’s India operations

AirAsia's CEO Tony Fernandes on Wednesday revealed the identity of the person who will pilot the Malaysian airline's India operations.

Fernandes, the promoter of AirAsia, had announced in March that the airline had selected a very smart boy from Madras, with an amazing CV, as the CEO for AirAsia India.

Revealing the identity of the AirAsia India CEO, he yesterday said the CEO is 32-year-old, Chennai-born Mittu Chandilya, who is currently based in Singapore.