GUANGZHOU – Dongfeng-Nissan unveiled its first mass produced JV brand car, the Venucia D50, at Auto Guangzhou 2011.
The compact D50 is expected to go on sale in 2012 with a price tag of ¥70,000-¥90,000 ($11,020-$14,170).
With body dimensions of 4,530×1,695×1,535 mm (LxWxH) and wheelbase of 2,600 mm, the Venucia D50 is positioned to compete with those compact sedans from other joint ventures and Chinese independent automakers.
The Venucia brand will have five models by 2015 with expected sales of 300,000 units.
According to CBU-Autostats, Dongfeng-Nissan sold 481,415 units of passenger cars in the first 10 months of 2011, up 9.74 percent compared with the same period a year ago.