Nissan Motor India Pvt. Ltd. (NMIPL) has announced wholesales of 4631 units for the month of May 2023. Domestic wholesales stood at 2618 units, while export wholesales stood at 2013 units. Domestic sales have increased by 23% YOY for the month of May and by a total of 23% YTD as compared to FY22.
Nissan Magnite’s high demand has driven the growth of 23%, maintaining the upward trend. The Nissan Magnite is exported to 15 global markets, with recent launches in Seychelles, Bangladesh, Uganda, and Brunei. It has achieved a 4-Star Safety Rating for Adult Occupant Safety from Global NCAP. Nissan has recently enhanced the Magnite by introducing additional safety features. In recent years, Nissan India has shifted its primary export market from Europe to Middle Eastern countries such as Saudi Arabia, the United Arab Emirates, Oman, Qatar, Bahrain, and Kuwait.
Rakesh Srivastava, Managing Director, Nissan Motor India, commented, “The positive momentum continues with a growth of 23% on the strength of strong demand for Nissan Magnite. The introduction of Nissan Magnite Special Edition GEZA with an attractive value proposition at a very competitive price positioning has strengthened the brand Magnite.”
