After testing the waters of the cheap-car class with the sub-$10,000 Versa, Nissan is planning to enter the even-cheaper next-generation Nissan Micra into the US market as part of an effort to hit one million annual vehicle sales.
Officials at Nissan's Yokohama global headquarters confirmed today their plans to offer the subcompact, based on a low cost "V platform," after the 2010 model year. The line will include a four door sedan, a five door hatch, and an MPV of some sort and will come in as Nissan's smallest US offering. The Micra will most likely come with a 3-cylinder engine in either gasoline or diesel form and Nissan's making claims it'll get an astounding 50% better fuel economy than the current model. The cost will also get a big cut as they've been hard at work reducing part count and overall complexity. [Auto News Sub. Req.]