Nissan sees a growth of 29% in January

Image
Vidhyadhar Khandal Jaipur
Last Updated : Feb 10 2014 | 4:10 PM IST

Nissan has recorded robust growth of 51.3 % % to 16,786 units for the October 2013 to January 2014 period compared to the 11,095 units in the corresponding period last year.


Nissan has been expanding it sales volume in India since the launch of the new Terrano compact SUV in October 2013.

Terrano is Nissan’s fourth locally produced vehicle in India, and is built alongside the mid-sized Sunny sedan, compact hatchback Micra, sporty Micra Active and MPV Evalia at Nissan’s Oragadam facility near Chennai.

Commenting on the company’s sales, Richard Spitzer, acting chief operating officer for Hover Automotive India (Nissan’s National Sales Company) said: “We are delighted with the reception Terrano has received from the market and its impact on strengthening sales performance since October last year.

“We look forward to carrying this momentum into 2014, supported by models like the new Sunny sedan.”

Mr. Debashis Mitra, executive director operations & advisor to COO, Hover Automotive India added: “We have had a strong start to 2014 with a significant rise in sales year-on-year. This has been achieved against a challenging economic backdrop which has impacted overall growth in India’s automotive sector.

“The improvement in performance has been achieved by the underlying strength of our product line-up, including Terrano, as well as efforts sales and market share through innovative marketing campaigns, expanded retail network and improved sales channel efficiencies.”

Source : CarDekho - Nissan sees a growth of 29% in January

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 10 2014 | 1:03 PM IST

Next Story