Nissan Motor India Y-o-Y domestic sales drop 16% in May 2024 to 2211 units

ETAuto Desk ETAuto Desk | 06-06 00:20

Of these, domestic wholesales accounted for 2211 units in May 2024, as against 2404 units in April 2024 and 2618 units sold in May 2023, the Y-o-Y drop is 16%.
New Delhi: Nissan Motor India Pvt. Ltd. (NMIPL) has announced wholesale figures of 6204 units for May 2024, showcasing a substantial surge from 3043 units in April 2024.

Compared to May 2023 sales, Nissan Motor India registered a growth of 34% with the total sales increasing from 4631 units in May 2023 to 6204 units in May 2024.

Of these, domestic wholesales accounted for 2211 units in May 2024, as against 2404 units in April 2024 and 2618 units sold in May 2023, the Y-o-Y drop is 16%.

This month, export sales figures witnessed an impressive surge, reaching 3993 units, as against the April 2023 export wholesales of 639 units and 2013 units in May 2023. This impressive performance showcases Nissan’s resilience to delivering exceptional service quality and experiences to the customers.

Saurabh Vatsa, Managing Director, Nissan Motor India, said, "The optimistic mind set and the effort by our team have played a pivotal role in driving our growth. It is truly inspiring to witness such collective effort leading to exceptional results. As we move forward, our commitment to putting our customers first remains intact. We are dedicated to further expanding our reach and enhancing our offerings in the Indian market as we strive to exceed our customers’ expectations at every step.”

Nissan Motor India has been immensely popular, with over 140,000 units sold in the Indian market domestically and abroad. The Magnite, blending design excellence from Japan with efficient production in India, embodies Nissan Motor India's 'Make-In-India, Make for the World' manufacturing philosophy, the company said in a media release.

As part of its growth strategy, Nissan Motor India has been expanding its network footprint across the country. With recent additions in Srinagar, Salem, Delhi and Durgapur, Nissan now boasts of a network of 272 touchpoints, providing quality sales and service experiences to customers nationwide. Nissan will continue to expand its network footprint in the coming fiscal year and go closer to where its customers are coming from across India.

The Big, Bold and Beautiful Nissan Magnite is exported to 15 global markets, with recent launches in Seychelles, Bangladesh, Uganda, and Brunei. In recent years, Nissan Motor India has focused on exports to Middle Eastern countries such as Saudi Arabia, the United Arab Emirates, Oman, Qatar, Bahrain, and Kuwait.

Disclaimer: The copyright of this article belongs to the original author. Reposting this article is solely for the purpose of information dissemination and does not constitute any investment advice. If there is any infringement, please contact us immediately. We will make corrections or deletions as necessary. Thank you.


ALSO READ

Sky-high shopping: South Korea unveils ‘flying cart’ drone for transporting goods over any terrain

SEOUL, Oct 23 — South Korean researchers have developed a transport drone flying on multiple flexibl...

tech | 1 hour ago

Africa’s best-kept secret: Mozambique rolls out 100pc homegrown premium cigars for the global market

MAPUTO (Mozambique), Oct 23 — In a small neon-lit factory in Maputo, a dozen workers are hand-rollin...

life | 1 hour ago

In South Africa, dry taps are the new reality as water crisis deepens

JOHANNESBURG, Oct 23 — Joyce Lakela runs a nursery in Tembisa, a Johannesburg township, but these da...

world | 1 hour ago

From horror to hope: Rwanda’s genocide survivors rebuild lives 30 years on

PARIS, Oct 23 — Jeanne Allaire Kayigirwa was sure she was going to die three times during the Rwanda...

world | 1 hour ago

Hyundai Motor India lists with record IPO, commits to Indian market with new tech and EV plans

As part of its effort to introduce clean mobility solutions for Indian buyers, Hyundai will launch f...

auto | 9 hours ago

Skoda Auto Volkswagen India plants over 7 lakh trees in Maharashtra for ecological restoration

Additionally, SAVWIPL has installed 18.5 MWp of rooftop solar power at its Chakan facility, which of...

auto | 9 hours ago