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Countries like China and India are a hotbed for the auto industry, and every major automaker is looking to improve its standing in the emerging markets while they’re still on the ground floor. Low-cost micro cars are all the rage in the East, and Nissan/Renault is looking into getting a piece of that action by producing a Nano fighter. Nissan Motor India Director Neeraj Garg told The Times of India that while higher priced sedans and SUVs are also scheduled for India’s booming auto market, a low-priced hatch is also on the wishlist if the pricing is right.

Company officials say that the low-cost transportation could be among six new products scheduled for India by 2012, and with the country’s low-cost labor, Nissan/Renault could also export any vehicles it makes there.

Toyota has been working on an affordable small car that will be cost-competitive in emerging markets, and Autocar is reporting that India is being considered as a destination for production. India makes sense due to its low-cost labor, and with competitors like the Tata Nano going for as little as $2,500, the world’s biggest automaker will need to cut cost everywhere it can. There is no word as to exactly what vehicle would be produced in India, but one option is Toyota’s production iQ from Geneva, which is scheduled to begin production later in 2008. Toyota is looking for initial sales of the iQ to crest 100,000 units.
[Source: Autocar via Winding Road]

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Let’s just get this out of the way right now: this blogger is going to buy one of these cars when they come to America. And I’m a die-hard 385-plus-horsepower sports car owner for years now. And I live in LA. But the Cube is just that great. So Nissan, don’t pull a bait-and-switch, please…

The Cube is basic, and makes no attempt to dress it up. In fact, not only is the car not gussied up, but the entire interior of the car I drove was beige. And it was still hot. It’s basic done completely right, with tons of cubbies and comfort in an enormous (relatively speaking) cabin and a unified design theme inside and outside that ties it all together.

The 1.5-liter, 107-HP engine has got the giddy-up-and-go, and the car is so much fun to drive that you’ll cackle like an old hen every time you throw it around a corner. I admit I won’t be buying one in sky blue, and it won’t have the third row — that row is more than a bit optimistic — but I will have no problem showing everyone I know that “cool” is now spelled “cube.”

You can check out the Nissan 360 event site for more details on all the vehicles in Nissan’s lineup. In the mean time, be sure to check out the gallery of hi-res photos below.