Nissan India Wholesales 6746 Vehicles In Nov
Nissan Motor India on Thursday said its total wholesales rose by 22 per cent on a YoY (year-on-year) basis to 6,746 units last month, which were boosted thanks to an increase in the company’s exports. The automaker had dispatched 5,605 units …
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The post Nissan India Wholesales 6746 Vehicles In Nov first appeared on Motoroids.Nissan Motor India on Thursday said its total wholesales rose by 22 per cent on a YoY (year-on-year) basis to 6,746 units last month, which were boosted thanks to an increase in the company’s exports. The automaker had dispatched 5,605 units in November 2021. Exports increased to 4,346 units last month, from 2,954 units in the year-ago period.
Nissan Motor India’s best-selling product – the Magnite, since its launch in December 2020, has sold 63,356 units till the end of October 2022 comprising 9,569 units in FY2021, 33,905 units in FY2022 out of which 19,882 units have been clocked in the first eight months of FY2022 itself.
The Magnite is currently available at a starting ex-showroom price of Rs. 5.97 lakh. In July 2022, in an effort to swell up the demand, Nissan launched the Magnite Red Edition at Rs 7.86 lakh (ex-showroom) as the company saw a dip in domestic sales with 2,400 units last month, as against 2,651 units in November 2021.
Official Statement
The brand said that the success of Magnite has been attributed to its strong sales performance, with a combination of great features, attractive pricing, and a renewed commitment to customer-centricity.
Rakesh Srivastava, Managing Director, Nissan Motor India, commented, “Booking fulfilments have continued into November after the festive season indicating that demand is benefiting from several positive indicators, such as improvement in economic activities and confident consumer sentiments. Going ahead, stable demand from tier-I and tier-II cities is expected.”
Nissan together with its global alliance partner Renault was incorporated in 2005 in India and the brand set up its manufacturing plant and a Research & Development Centre near Chennai. Nissan India commenced exports in September 2010 and currently exports vehicles from its Renault-Nissan Automotive India Ltd. plant in Chennai to 108 countries including New Zealand, Australia, Middle Eastern countries; and countries in Europe, Latin America, South-East Asia, SAARC; Sub Sahara, and Africa. In recent years,
Nissan India has shifted its primary export market from Europe to Middle Eastern countries such as Saudi Arabia, the UAE, Oman, Qatar, Bahrain, and Kuwait.