Nissan aims to regain momentum with launch of redesigned Elgrand minivan

Nissan Motor Co. launched the redesigned Elgrand minivan in Japan on Thursday, aiming to regain ground in a segment dominated by Toyota Motor Corp.Marking its first revamp in 16 years, the latest model is driven by Nissan's third-generation e-Power hybrid system, which uses the engine as a generator to produce electricity.With the starting price set at 6.9 million yen ($43,000), the new Elgrand features a Japanese-inspired design, including a grid-like pattern grill based on a traditional geometrical wooden "kumiko."The new model offers fuel efficiency of 16.8 kilometers per liter, 70 perce…READ FULL ARTICLE