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Business EconomyPosted at: Dec 3 2024 5:41PM


Nissan Motor India crosses five lakh domestic sales

Hyderabad, Dec 3 (UNI) Nissan Motor India announced that it has achieved a significant milestone on Tuesday with the crossing of 5 lakh cumulative domestic sales since the start of its operations with a total of 5,13,241 units sold till date.
Additionally, in November 2024, the company recorded consolidated wholesale dispatches of 9040 units, driven by consistent demand for its vehicles, including the New Nissan Magnite SUV.
The domestic sales accounted for 2342 units, while exports stood at 6698 units, the company said in a release on Tuesday.
Compared to October 2024, total consolidated wholesale saw a 62 percent (MoM) increase from 5570 units to 9040 units, driven by a substantial surge in export shipments.
Exports in November 2024 recorded a (YoY) growth of 222 percent compared to 2081 units in November 2023 and a (MoM) growth of 173.5 percent compared to 2449 units in October 2024.
This performance reflects Nissan’s growing footprint in international markets and the increasing confidence and trust customers have placed in the brand’s 'Made in India' vehicles.
Saurabh Vatsa, Managing Director, Nissan Motor India, said “This remarkable feat reflects the continued trust our customers have placed in the quality, reliability, and performance of our vehicles over all these years. Nissan remains committed to its India operations, dealers, partners, and customers. We remain on track for our plans announced earlier this year at the launches of the Nissan X-TRAIL and New Nissan Magnite.”
"We recently expanded our product lineup with the launch of the New Nissan Magnite, embodying the 'One Car, One World' philosophy. The unprecedented growth in our export numbers is driven by the New Nissan Magnite and it speaks volumes for our manufacturing capabilities enabling us to deliver world-class products across the world," he added.
The growing demand for the 'Made in India' Magnite across international markets has enabled Nissan to expand its export footprint to more than 45 new markets, bringing its total presence to over 65 countries, including Left-Hand Drive markets.
The New Nissan Magnite features a bold, stylish design both inside and out, offering 20+ first & Best-In-Segment features and 55+ total safety features.
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