Announcing an update to its medium-term business plan, Japan's third-largest automaker by sales also said it would target an operating profit margin of over 6% and total shareholder returns of more than 30% by then.
Nissan Magnite bookings in India cross 50k mark; production further ramped up Updated Apr 19, 2021 | 09:57 IST
Nissan Magnite s waiting period is currently hovering at over 4 months and Nissan intends to increase production to 3,500 units a month by July to bring down that number. Nissan Magnite bookings in India cross 50k mark; production further ramped up
Congratulations are in order for Nissan India, you guys. Why? Well, because the Japanese automaker has ticked off yet another milestone for its newest offering in India the Magnite SUV. Yep, the company has racked up more than 50,000 Nissan Magnite bookings in India since its launch here in December 2020. So, that s about four months and a little over two weeks since it formally became available for retail in the country, meaning the Magnite SUV has receives an average of 11,111 bookings every month. What is truly interesting to note here is that the demand for the Nissan SUV has witnessed growth
Nissan Magnite price in India hiked by ₹30,000 Updated Mar 05, 2021 | 08:58 IST
This is the second price hike for the SUV, which competes with cars such as the Renault Kiger, Kia Sonet, Tata Nexon, Hyundai Venue, Ford EcoSport, etc. Nissan Magnite price in India hiked by ₹30,000
Nissan Magnite sub-compact SUV has proven to be quite a popular offering in the country ever since it first became available for retail in December 2020. One of the key reasons for its popularity has been the price, which also undercut the price of some hatchbacks in India. However, those were the SUV s introductory prices, which have been on the rise since January. Yep; we have yet another Nissan Magnite price hike. The Japanese automaker has increased the new SUV s price in India by ₹30,000. Don t worry though, for this increase affects only the Nissan Magnite turbocharged variants.
Nissan Magnite bookings in India now over 40,000 units Updated Feb 25, 2021 | 10:53 IST
Nissan has added a third shift at its plant in order to ramp up the SUV s production and keep up with the demand for the Nissan Magnite sub-compact SUV. Nissan Magnite bookings in India now over 40,000 units
When Nissan Magnite was launched in India last year, there was little doubt that the car would go on to do quite well. I mean, have you looked at the price tag? Then you look at the booking numbers and realise that the sub-compact SUV s popularity has surprised even the company s own expectations about how the car would fare in the highly-competitive Indian automotive market. Well, the Japanese automaker has revealed the latest number for Nissan Magnite s bookings in India it is now well over 40,000. Yep! It shouldn t come as much of a surprise though, especially considering the Magnite managed to rack up over 5,000 bookings within just 5 days of its launch he
Even though the car s price has been revised since its launch (now starting at ₹5.49 lakh for the base model), it continues to generate quite a bit of demand.