Nissan Motor Co.
) is set to showcase a wide range of innovative vehicles at the
Los Angeles Auto Show, slated to be held from November 30 to
December 9. The new vehicles include 2014 Nissan GT-R supercar,
Nissan DeltaWing sports car, the all-new 2013 Nissan Altima and
the Pathfinder and Sentra vehicles.
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The 2014 GT-R vehicle features hand-built 545-horsepower
twin-turbocharged 3.8-liter V6 engine, offering enhanced
performance and premium interior refinements to the customers.
The Nissan DeltaWing racer is a sports car featuring
fuel-efficient turbocharged 2.5-liter engine, rocket-shaped sleek
body design and lightweight components. The three innovative
vehicles, Altima, Pathfinder and Sentra, are more fuel efficient
and high on both style and comfort.
Nissan is also planning for the Hi-Cross Concept vehicle, which
will combine style with everyday utility for the consumers. The
car will feature one motor, two clutch gasoline/electric hybrid
system with enough space for seven passengers.
General Motors Company
) also announced that it will launch the electric version of
Chevrolet Spark at the Los Angeles Auto Show. The launch is
expected to enhance the company's business and provide a low-cost
alternative to the customers. The electric version of Spark is
best suited for city drivers as it occupies less parking area.
Earlier in the month, Nissan launched the upgraded version of its
electric vehicle LEAF in Japan. The new LEAF model will likely
cater to the rising demand for eco-friendly electric vehicles,
which could travel more miles without charging. The vehicle
offers excellent performance and better driving feel. Moreover,
the electric motor in the vehicle uses 40% less rare earth
element, dysprosium, and the heat-resistance levels are same
compared to the conventional electric motors.
Nissan Motor is the sixth largest automaker in the world. The
company, along with its subsidiaries, engages in the production
and sale of automotive products, industrial machinery and marine
equipment, primarily in Japan, North America, and Europe. It
offers passenger cars, trucks, buses, forklifts, light commercial
vehicles, power trains and parts, as well as sales financing
Nissan Motor competes with
Honda Motor Co.
Toyota Motor Corporation
). Currently, its shares retain a Zacks #5 Rank, which translates
into a short-term (1 to 3 months) Strong Sell rating.