Nissan to Launch Cheap Automobiles in India, Brazil, Russia

Nissan Motor Co plans to launch cheap automobiles tailored for emerging markets under its old Datsun brand in 2014.

The vehicles, priced around 500,000 yen ($6,200), will initially be built and sold in India, Indonesia and Russia. Japan's No. 2 automaker hopes to sell 300,000 Datsuns a year soon.