NISSAN MOTOR INDIA
Nissan cuts non-core operations to manage costs
Nissan Motor India is further streamlining operations by cutting non-core functions at RNTBCI, transferring employees to Accenture and Genpact. This move follows the sale of its stake in RNAIPL and aims to improve competitiveness through cost management.
Multibagger or IBC (Series: AA 125), Part 3: Inside a powerhouse with R&D capabilities
Here is an excerpt from the 2018-19 annual report of the company: “We have completed development of Traction Motor and Controller with prototypes ready for [EV] 2-wheelers and work is in the development stage for [EV] 3-wheelers.” Five years later, the 2023-24 annual report attests to the fact it was not all tall talk: “Our EV product lineup includes Traction Motors, Controllers, Chargers, BMS and DC-DC converters, with a focus on lightweight technologies and enhanced system efficiency.” A wide array of products and a geographical spread in terms of clients are the strengths of this company that was prepared before its peers for the EV transformation.
All Indian roads lead to Sogefi ADM Suspensions
The winner of the ET MSME Awards 2024 in the Automobile & OEM category manufactures a critical component for commercial, passenger, and heavy duty vehicles. What is this component, and what makes the enterprise stand out from its peers? Read on to find out.
India's car exports hit record in FY25, Maruti leads the way
India's auto industry saw record exports of passenger vehicles in FY25, with Maruti Suzuki leading with 332,585 units. Hyundai followed closely, while other top exporters included Nissan, Honda Cars India, and Volkswagen. Maruti and Hyundai aim to significantly increase exports by 2030, aligning with government goals to boost global automotive trade.
Tata Motors, Samvardhana Motherson and other auto cos may face Trump's 25% tariff heat, shares slump
Trump Auto Tariffs: Indian auto companies are likely to face challenges as President Trump announced a 25% auto tariff on all imports. The move impacts Indian ancillary firms indirectly via global supply chains, particularly affecting Tata Motors, Eicher Motors, Sona BLW, and Samvardhana Motherson, leading to margin stress and forcing these firms to reassess strategies.
Market Wrap: D-Street ends higher as banks offset auto slump; Sensex gains 318 pts, Nifty above 23,550
Indian benchmark indices closed in the green on Thursday, bouncing back from a negative start as advances in heavyweight financial stocks provided support, though further upside was capped by a decline in auto stocks, led by Tata Motors, following the announcement of U.S. tariffs on auto imports.
Nissan gears up for expansion in India with 7-seater B-MPV & 5-seater C-SUV
Nissan Motor India plans to enhance its lineup with a 7-seater B-MPV launching in FY25 and a 5-seater C-SUV in early FY26. The models, manufactured in Chennai, aim to achieve 100,000 units in annual sales and exports, supporting Nissan's global vision.
TVS Motor names Peyman Kargar as Head-International business
TVS Motor Company has appointed Peyman Kargar as Head - International Business to spearhead their expansion in advanced economies. Kargar, with previous leadership roles at DATSUN and INFINITI, brings extensive global experience. He will operate from Dubai, directly reporting to CEO K N Radhakrishnan. TVS Motor aims to strengthen its international market position under Kargar's leadership.
Nissan Motor India total sales up 44.76% at 8,567 units in February
Nissan Motor India reported a 44.76% year-on-year increase in total sales for February 2025, reaching 8,567 units primarily due to a surge in exports. The company noted all powertrain options of its Magnite SUV are now E20-compatible, highlighting its commitment to future-ready mobility solutions. Domestic sales saw a slight decline.
Nissan Motor India sales up 51.42% at 11,676 units in December
Nissan Motor India achieved a 51.42% increase in total wholesales with 11,676 units in December 2024, driven by strong exports that grew by 72%. Key 2024 launches included the 4th generation Nissan X-TRAIL and new Magnite models, marking a transformative year and setting a positive momentum for future growth.
Nissan Motor India wholesales surge 28 pc in December
Nissan Motor India registered a 28 per cent increase in total wholesales at 8,991 units in December 2022, the company stated on Monday. The company had sold a total of 7,026 units in the same month a year ago, said Nissan Motor India.
India should consider taxing passenger vehicles based on emissions: Nissan Motor India MD Rakesh Srivastava
"We can have different tax slabs based on the level of emissions," Nissan Motor India MD Rakesh Srivastava said here in an interaction, adding the government already has a different tax structure for below four meters, above four meters, in terms of length and in terms of fuel. Under the GST regime, cars attract the highest tax slab of 28% and on top of that a cess is levied.
Nissan Motor sales decline 16.64 per cent in September
Exports were at 4,088 units as against 5,900 units in the year-ago month, it added. "The festive season has contributed to an increase in demand for the Nissan Magnite across markets on the strength of its value proposition. We are hopeful the momentum will continue with improvement in supply and customer sentiments," Nissan Motor India Managing Director Rakesh Srivastava said.
Nissan achieves milestone of shipping out one million 'Made in India' cars
Nissan Motor India has shipped its cars to about 108 countries since 2010. Nissan has transitioned its primary export market from Europe to the Middle East countries like Saudi Arabia, the UAE, Oman, Qatar, Bahrain and Kuwait.
Nissan Motor India appoints Mohan Wilson as Director Marketing
Padmanabhan, who has overseen the successful launch of the Nissan Magnite in India as Director Marketing, Product and Customer Experience, has been appointed Director Marketing, Product and Customer Experience for Nissan Motor Australia, the statement added.
Nissan Motor India reports marginal rise in domestic wholesales in June
Nissan Motor India Managing Director Rakesh Srivastava said the company's compact SUV Magnite continues to have strong demand momentum with a pending pipeline of 16,000 plus bookings.
Nissan Magnite deliveries touch 30,000 units in India
The key of the 30,000th Magnite SUV was handed over to a customer by Nissan AMIEO Region Chairperson Guillaume Cartier at a ceremony in Gurgaon on Friday, Nissan Motor India said in a release.
Nissan Motor records nearly four-fold jump in wholesale of Nissan, Datsun in Aug
The company had recorded a wholesale of 810 units in the same month last August 2020, Nissan Motor India said.
Nissan Motor India launches subscription programme for Datsun, Nissan brands
After paying only a nominal refundable security deposit at the start of the subscription plan, customers can choose to use a brand new car without actually owning it by paying a fixed monthly fee based on a pre-selected tenure, it added.
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