Nissan Motor India has reported cumulative wholesales of 6746 units, inclusive of domestic wholesales of 2400 units and export wholesales of 4346 units, in November 2022. The cumulative wholesale YTD growth stood at 22 per cent as compared to the same period last year.
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 says that the success of Magnite has attributed to the strong sales performance, with a combination of great features, attractive pricing, and a renewed commitment to customer-centricity.
Nissan Magnite, launched in December 2020 is currently available at a starting ex-showroom price of Rs. 5.97 lakh. In July 2022, Nissan also launched the Magnite Red Edition at price of Rs. 7.86 lakh.
Nissan India commenced exports in September 2010 and currently exports vehicles from its Renault-Nissan Automotive India 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.