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

The Most Downloaded News App in the U.S. May Have Published Dozens of Fake, AI-Written Stories

The stories were fake but had real-world consequences for the app's 50 million monthly users.

Side Hustle

10 Online Side Hustles Proven to Boost Your Bank Account

Even the busiest schedules can accommodate finding a precious few hours to create a profitable online venture — something that many are already mastering.

Career

Gen Z is Losing Faith In the College Degree — Here's 3 Reasons Why It's Still Important For Them

A college degree may not be essential for success but here are three crucial reasons you should encourage your Gen Z kids to still get one.

Business News

Microsoft Reportedly Lays Off Over 1,500 Employees in Cloud Sector as Partnership with OpenAI Strengthens

Alphabet also reportedly laid off employees from several teams in Google's cloud unit last week.

Business News

'Pay Off My Debt' TikToker Explains How Much Money He Made from His Viral Video and the Inspiration for the Trend

Jake Burgett told Entrepreneur how he came up with the idea for the personal finance trend sweeping social media.