Nissan Motor India Pvt. Ltd. (NMIPL) has announced wholesales of 3249 units for the month of April 2023. Domestic wholesales stood at 2617 units, while export wholesales stood at 632 units.
Nissan Motor India had recently announced YTD sales growth of 23% for FY 2022-23, with YOY March growth of 8% for domestic sales and now 24% in April 2023 with the growth momentum continuing into the next fiscal year 2023-24.
Rakesh Srivastava, Managing Director, Nissan Motor India, commented,
“The positive momentum continues on the strength of the game changing Big, Bold, Beautiful Nissan Magnite, which has garnered over 1 lakh customer bookings. Our focus continues to be the domestic market while continuously expanding our global footprint of exports to more than 15 countries. Going forward we see customer sentiment to remain positive on account of GDP growth and normal monsoon, with industry projections of high single digit growth for the FY2023-24 period.”
Nissan operates on a PHYGITAL distribution approach to meet the evolving needs of customers, by providing a hassle-free, one-stop solution for all their needs. The approach offers a seamless and convenient experience with an integrated offline-online payment option, which can be accessed at the customer’s preferred showroom.
Consequently, Nissan recently increased its customer touchpoints in April with the addition of two showrooms and workshops in Karnal (Haryana) and Khammam (Telangana) in April 2023. With the addition of these new touchpoints, Nissan’s network has now expanded to 267 touchpoints across the country which is a major contributing factor of Nissan’s continuing growth in India.
The Big, Bold and Beautiful Nissan Magnite is exported to 15 global markets, with its most recent launches in Seychelles, Bangladesh, Uganda and Brunei. 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. Ahead of the BS6 Stage 2 emission norms kicking in on April 1, 2023, Nissan introduced a BS6 Stage 2 RDE-compliant version of Magnite in February & March. The Nissan Magnite has GNCAP 4.0 rating with best-in-class safety features as standard across all variants.
Highlights
- Nissan Motor India registers domestic wholesales of 2617 units
- Export wholesale stands at 632 units for the month of April 2023
- Registers 24% YOY growth in domestic sales
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