Get All Access for $5/mo

Nissan India Registers Wholesales of 8,915 Vehicles in August 2022 Nissan India exported 5,632 units in August 2022, 534 per cent month-on-month and 71 per cent year to date increase

By Shrabona Ghosh

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Pexels

Nissan Motor India announced cumulative wholesales of 8,915 units, inclusive of domestic of 3,283 units and export of 5,632 units for the month of August 2022. The cumulative wholesale YTD growth stood at 29 per cent.

In line with its focus on the global market, Nissan India exported 5,632 units in August 2022, 534 per cent month-on-month and 71 per cent year to date increase.

"The love for the Big, Bold, Beautiful Nissan Magnite continues to grow with strong performance in domestic and export markets. This festive season looks strong on strong fundamentals, preference for personal mobility and normalcy of work-life balance. Anticipating the strong demand, Nissan has introduced the new Nissan Magnite Red-Edition with enhanced value at a very attractive introductory price supported with increased production for more deliveries to the customers in the festive season," said Rakesh Srivastava, Managing Director, Nissan Motor India.

The Nissan Magnite has received a superlative market response, with over one lakh domestic bookings, with 25 per cent of bookings being generated through Nissan's digital ecosystem. In July 2022, Nissan launched the Nissan Magnite - red edition with an attractive entry price of 7.86 lakh.

In recent years, Nissan India has transitioned its primary export market from Europe to the Middle East countries such as Saudi Arabia, the United Arab Emirates, Oman, Qatar, Bahrain and Kuwait.

Nissan Motor India Private Ltd. (NMIPL) is a 100 per cent subsidiary of Nissan Motor Co. Ltd. Japan. The company was incorporated in 2005.

Shrabona Ghosh

Correspondent

A journalist with a cosmopolitan mindset. I lead a project called 'Corporate Innovations' wherein I cover corporates across verticals and try to tell stories on innovations. Apart from this, I write industry pieces on FMCGs, auto, aviation, 5G and defense. 
Business News

Want to Start a Business? Skip the MBA, Says Bestselling Author

Entrepreneur Josh Kaufman says that the average person with an idea can go from working a job to earning $10,000 a month running their own business — no MBA required.

News and Trends

Edtech in 2023: A Year Of Layoffs and Funding Crunch

Edtech unicorn Byju's was engulfed with multiple problems this year, which led to skepticism about the entire sector

Leadership

Why Hearing a 'No' is the Best 'Yes' for an Entrepreneur

Throughout the years, I have discovered that rejection is an inevitable part of entrepreneurship, and learning to embrace it is crucial for achieving success.

Starting a Business

They Showed Up to Apple With a Product They Built in Their Dorm Room. Now These Entrepreneurs Are on the Way to Changing the Way Fans Watch Sports.

How Rahat Kulshreshtha and Gaurav Mehta launched Quidich Innovation Labs, technology that is literally changing the game of sports viewership.

Business News

How Nvidia CEO Jensen Huang Transformed a Graphics Card Company Into an AI Giant: 'One of the Most Remarkable Business Pivots in History'

Here's how Nvidia pivoted its business to explore an emerging technology a decade in advance.