Nissan developing sub-370Z model

If a recent report is anything to go by, Nissan has apparently started developing a sub-370Z sports car that will compete with the Mazda MX-5/Miata.

The new model will sit upon a possible Daimler sourced platform that may underpin the next-generation Z-Series sports car. Additionally, Nissan has asked Lotus to tweak the vehicle's chassis.

Although powertrains remain unknown, Nissan is considering both full electric and hybrid systems. Look out for a market launch in 2013.