For Datsun revival, Nissan gambles on $3,000 model
 

It is the car that baby boomers may remember as much for its compact chic as for its slogan ("Datsun, We Are Driven!"). Now, a new version of this storied brand may get more attention for something else: its price tag.

For Datsun revival, Nissan gambles on $3,000 model - Yahoo! Autos

That can't be right. Riding mowers cost more than 3 grand.

"For that reason—and because Nissan has no interest in cannibalizing its existing sales—the company says Datsun cars won't be sold in the U.S. or other industrialized nations, at least not initially. In those markets, regulatory and safety issues alone would virtually eliminate the company's super low-pricing strategy. "If you go to the U.S., it's not going to end up being $3,000," Mr. Ghosn said."

Translation of Mr. Ghosen's words. We won't sell anything in the U.S. cheap cuz
Americans have repeatedly proven to buy things not worth the money for status and gotta have it factor. The $3k car is about as equipped as a base versa and if we sell it there? The versa is as good as dead @ it's current pricing. Let them burn $9k extra on every vehicle they buy cuz they like spending money unnecessarily.
Because of this. Datsun won't be sold till Infiniti hits exotic status, and nissan becomes a premium brand.

You cannot build a car like the Versa for $3,000. For that you can get a Tata Nano. Without a single option.

http://mtaram.files.wordpress.com/2008/01/standard1.jpg

The $3,000 is not a Versa, also what they are building is for emerging markets where the economy cannot support more than $10,000 for a 'luxury' model. Nissan/Datsun wants to put its name in these countries for growth.

Also, the US market will not buy a $3-5k car like what they are describing, you would be better off getting a bicycle.

FEDERAL MOTOR VEHICLE SAFETY STANDARDS AND REGULATIONS
That's why they cant be sold in the US or Europe and can only be sold in developing countries not able to afford the same safety standards you and I do.
:wtf2:

Oh thats what they're selling as a Datsun? lol. That's that Indian car. I thought it was already in circulation. Looks like a Miev to me. I thought that car was going to be sold @ $8k from first reports.

I'd rather walk...

The picture is of a Tata Nano, the cheapest car in the world.

I'd love to buy from Nissan, Datsun insignia, to replace current.