Nissan has pulled the plug on the Versa sedan, the second cheapest car in its lineup.
According to a report from Automotive News, Pierre Loing, Nissan’s product planning vice president, says slow Versa sedan sales are the reasoning behind the decision. In addition, the Versa sedan and the new-to-Canada Micra occupy the same entry-level price point, but Loing suggests certain markets would favour the Micra’s packaging and European roots.
“The Versa sedan didn’t do well in Canada and we’re stopping it now, with the introduction of the Micra,” Loing told Automotive News. “The Micra will be more to their liking.”
The Versa sedan starts at $11,898, while the Micra rings in as the cheapest car in Canada with its $9,998 price tag. Currently, the Micra is exclusive to Canada as Nissan is still on-the-fence about introducing it to the U.S. market.
