Nissan Sells Total 10,624 Units In August’24

Nissan Motor India has sold 1.5 lakh total sales of the Magnite in August 2024, since its launch in December 2020. Additionally, the company's monthly wholesale dispatches for the month of August 2024 stand at 10,624 units, that includes export shipments of 8,361 units and domestic dispatches of 2,263 units.  

This is the highest monthly wholesale Nissan has achieved in the fiscal year FY'24 so far and stands out amidst multiple industry challenges. This also marks a record for Nissan Motor India with its highest monthly export volume in the last five years.

Domestic wholesale accounted for 2,263 units, leading to a YoY growth of 0.2 per cent and MoM growth of 12.5 per cent. Export wholesale accounted for 8,361 units, leading to a YoY growth of 336 per cent and MoM growth of 91 per cent for August 2024.  

Commenting on the company's sales performance, Saurabh Vatsa, Managing Director of Nissan Motor India, said, “The month of August has been remarkable despite the decline in overall Total Industry Volume (TIV). However, the combined efforts of the Nissan Motor India team along with our dealer partners have delivered great results for the company and customers. The renewed strategy of Nissan’s focus on domestic and exports business is delivering great results for India.”

As part of its growth strategy, Nissan Motor India has been expanding its network footprint across the country. With recent additions in Bengaluru, Srinagar, Salem, Delhi and Durgapur, Nissan now possesses a network of 273 touchpoints. The company plans to cross 300 touchpoints this fiscal year.

Nissan Magnite is currently exported to over 17 global markets, with recent launches in Seychelles, Bangladesh, Uganda, and Brunei. In recent years, Nissan Motor India has focused on exports to Middle Eastern countries such as Saudi Arabia, the United Arab Emirates, Oman, Qatar, Bahrain, and Kuwait.