Nissan India overall sales grow 22%, India sales decline 21.7% YoY

Nissan Motor India Pvt Ltd, the Indian subsidiary of the Japanese auto manufacturer Nissan Motor Company recently posted its sales statistics for the festive season of October 2022. The company revealed that last month it managed to dispatch a total of 10,011 units. The cumulative wholesale dispatches from the company comprised of 3061 units in the domestic Indian market and 6950 units for export to various international markets. Nissan Motor India reported that it has witnessed a year-to-date (YTD) growth at 22% when compared to the same period last year.

Nissan India overall sales grow 22%, India sales decline 21.7% YoY

However, it is to be noted that despite strong sales in October 2022, the company still observed a reduction in domestic market sales of 852 units or a decline in domestic market sales of 21.77 percent on an annual basis. Nissan India sold a total of 3,913 passenger vehicles in the domestic market during the month of October 2021.

Most of Nissan’s sales in India come from the Nissan Magnite currently.

Commenting on the sales of October 2022, Rakesh Srivastava, Managing Director, Nissan Motor India, said, “Festive season has strong momentum of increased number of deliveries, with customer preference for early delivery and ease of finance. Preference of customers was for SUVs specially amongst the first time and replacement buyers. We are confident that demand will continue to rise with an improvement in economic growth, customer sentiment and with improvement in supply.”

In October, Nissan presented to the public its plans to expand its lineup in India to include the Nissan X-Trail, Qashqai, and Juke. Nissan has also begun conducting feasibility studies near its Chennai manufacturing base. Once the testing are through, the X-Trail will be the first model to be released on the Indian market.

The upcoming X-Trail will have a whole new look, and the 1.5-liter full-hybrid engine is anticipated for the Indian auto market. The Toyota Fortuner, Hyundai Tucson, Citroen C5 Aircross, and Jeep Meridian are just a few of the high-end SUVs that the Nissan X-Trail will fight against. After an absence of eight long years, the brand-new X-Trail will return to the Indian market. In the Indian market, the full-size SUV did achieve some respectable sales figures. However, the 2023 X-Trail’s return may be a bit challenging given Nissan’s absence from the sector and Fortuner’s steadily growing market share.

The all-new Nissan Juke, a sensational midsize SUV that is anticipated to replace the older Kicks in the Nissan India portfolio, was also unveiled by Nissan last month. The second-generation Juke, which launched in 2019, is presently available with a 1.6-liter four-cylinder naturally-aspirated 117 PS petrol engine and the 1.0-liter three-cylinder turbocharged 117 PS petrol in international markets. Given the trend, it is anticipated that the turbocharged petrol engine choice would come to the Indian auto industry. In India, the Nissan Juke may be available with two different transmissions: a 6-speed manual and a 7-speed dual-clutch automatic.

Another SUV in the upcoming lineup from Nissan is the Nissan Qashqai. A midsize SUV that will sit above Nissan India’s slightly smaller Juke in the range. The Nissan Qashqai will debut as a direct competitor to vehicles like the Tata Harrier, Mahindra XUV700, and MG Hector, while the Juke will be positioned as a direct opponent to models like the Kia Seltos and Hyundai Creta. The Nissan Qashqai is now offered abroad with the same 1.3-liter turbocharged 156PS petrol engine as the current-generation Kicks and a 1.5-liter full-hybrid drivetrain. The third generation of the Nissan Qashqai went on sale internationally in 2021. Both of these engine choices are anticipated to be available in the Indian auto market.