Ending Soon! Save 33% on All Access

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. 
Leadership

How to Break Free From the Cycle of Overthinking and Master Your Mind

Discover the true cost of negative thought loops — and practical strategies for nipping rumination in the bud.

Side Hustle

These Brothers Had 'No Income' When They Started a 'Low-Risk, High-Reward' Side Hustle to Chase a Big Dream — Now They've Surpassed $50 Million in Revenue

Sam Lewkowict, co-founder and CEO of men's grooming brand Black Wolf Nation, knows what it takes to harness the power of side gig for success.

Growth Strategies

AI Agents Startup Secures $4M to Revolutionize Customer Onboarding & Retention

Under the leadership of Gaurav Aggarwal and Anuja Verma, Truva AI has created an innovative solution for customer onboarding and retention, leveraging sophisticated AI agents.

Personal Finance

This Investment Bundle Includes a Trading Course and Stock Screener Tool for $150

Approach the stock market with an increased understanding.

Marketing

5 Secrets to Mastering Your Niche That Will Give Your Competition a Run For Its Money

Follow these steps to unlock a competitive advantage in an underserved segment.