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 |  Jan 13 2010, 12:49 PM


Nissan, which currently sells a stripped-down version of its sub-compact Versa for less than $10,000, is set to offer two more models in the four digit price range. According to a report by Automotive News, Nissan chairman for the America, Carlos Tavares, has said that two new sub-$10,000 vehicles will join Nissan’s lineup in the U.S. and Canada, based of of the company’s new V platform, which will underpin a replacement for the Micra/March overseas.

As evidenced by this weeks Detroit Auto Show, many automakers are moving towards small cars and Nissan’s new Micra-replacement isn’t likely to be overly small as the sub-compact Versa is somewhat large for its class.

The two new vehicles will be built in Mexico alongside a third model, which will be distributed in South America.

This new small car will be one of the first of its segment in North American, joining cars like the upcoming Chevy Spark and the Fiat 500 (although the 500 is likely to be priced much higher).

[Source: Automotive News via Autoblog]