As South America is quickly becoming the next emerging market, Nissan is hoping to boost its earnings producing two new passenger cars in Brazil. The two models include Nissan's five seat Livina and seven seat Nissan Grand Livina, which are expected to go on sale at the start of next year. The news comes just after Nissan's local competitor in Japan, Suzuki Motor Corp reported it would re-enter the Brazilian market aiming to initially sell 7,000 cars the first year. Higher wages and easier borrowing costs have led to a surging demand for vehicles in Brazil.