Nissan Motor India has recently achieved a new sales milestone. The company's popular compact SUV the Nissan Magnite has crossed 150,000 unit sales in August 2024, since its launch in December 2020. 

In August, the company also reported its highest-ever monthly wholesales for FY2025 with 10,624 units sold, that includes export shipments of 8,361 units and domestic dispatches of 2,263 units. 

This also marks a record for Nissan Motor India with its highest monthly export volume in the last 5-years. It is a significant achievement for the company and is aligned with Nissan’s ‘Make in India, Make for the World’ philosophy. Domestic wholesale accounted for 2,263 units, leading to a YoY growth of a modest 0.2 percent and MoM growth of 12.5 percent. Export wholesale accounted for 8,361 units, leading to a YoY growth of 336 percent and MoM growth of 91 percent for August 2024. 

Saurabh Vatsa, MD, Nissan Motor India said, “The month of August has been remarkable despite the decline in overall Total Industry Volume (TIV). However, the combined efforts of the Nissan Motor India team along with our dealer partners have delivered great results for the company and customers. The renewed strategy of Nissan’s focus on domestic and exports business is delivering great results for India. The Nissan Magnite is proof that a robust platform, timeless product, and enhanced customer centricity can continue to deliver consistent outcomes, which is evident in the 1.5 lakh milestone that Nissan has crossed this month.”

Nissan Motor India has been expanding its network footprint across the country. With recent additions in Bengaluru, Srinagar, Salem, Delhi and Durgapur, Nissan now possesses a network of 273 touchpoints, providing quality sales and service experiences to customers nationwide. The automaker aims to cross 300 touchpoints this fiscal year.

The Nissan Magnite is currently exported to over 17 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. 

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French automotive major Renault Group has announced a major reorganisation of its leadership team, with new CEO Francois Provost unveiling a series of executive appointments and role changes to ‘accelerate execution’ and ‘drive expansion’.

The overhaul follows Provost's appointment on 31st July and is aimed at creating a more agile organisation that can make faster decisions.

"To meet the challenges ahead, we need an organisation that decides faster, executes smarter and stays closer to our customers. Today’s leadership changes bring together talented executives with deep industry knowledge, strong expertise and above all, the internal credibility to make a difference," said Provost.

The most significant change sees Fabrice Cambolive appointed to the new role of Chief Growth Officer, in addition to his current position as CEO of the Renault brand. In his expanded remit, he will oversee both the Renault and Dacia brands to leverage synergies and maximise revenue. He will also lead the Group's international development, with a focus on key markets in India, Latin America and Korea.

The changes also include:

• Katrin Adt becomes CEO of Dacia, reporting to Fabrice Cambolive. She succeeds Denis Le Vot, who has left the company.
• Philippe Brunet has been appointed Chief Technology Officer (CTO), a new position created to accelerate innovation and development. He will manage engineering for both the Renault Group and Ampere. He takes over from Philippe Krief, who will now dedicate his full attention to his role as CEO of Alpine.
• Anthony Plouvier is the new Chief Procurement Officer, having previously served as VP Procurement Strategy and Transformation.
• Thierry Charvet's role has been expanded to include Supply Chain, in addition to his responsibilities as Head of Industry and Quality.
• Claire Fanget is appointed Chief People & Organisation Officer, succeeding Bruno Laforge.

Additionally, Christian Stein, Chief Communications Officer, joins the Leadership Team and Francois Provost will continue to oversee Partnerships and Public Affairs.

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JSW MG Motor India, one of the leading passenger vehicle manufacturers, has announced its wholesales for August.

The company marked a 52 percent growth YoY last month when it sold 6,578 units, as against 4,323 units a year ago.

The OEM attributed the healthy performance to the start of the festive season, which marked the highest deliveries for the automaker this year. The MG Windsor EV and the MG Comet EV saw a 5 percent 21 percent growth over July.

Furthermore, the company has been expanding its dealer network with three new facilities being inaugurated last month. With this the company now has over 543 sales and aftersales touchpoints across 270 cities, which enables to cover 90 percent of India’s geographical footprint.

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BMW India has released the new BMW X5 at prices starting INR 10.03 million (ex-showroom). The cars are produced at the BMW Group Plant in Chennai and come with petrol and diesel engine options.

The ex-showroom prices for the new variants are as follows:

• BMW X5 xDrive30d: INR 10.23 million
• BMW X5 xDrive30d M Sport Pro: 11.5 million
• BMW X5 xDrive40i: INR 10.03 million
• BMW X5 xDrive40i M Sport Pro: INR 11.3 million

The new X5 models include a BMW Widescreen Curved Display, which combines a 12.3-inch information display and a 14.9-inch control display. The cars also feature Comfort Seats with electric adjustments and lumbar support. Standard equipment includes a Harman Kardon Surround Sound System and a 4-zone automatic climate control system.

Both the petrol and diesel engines are equipped with BMW TwinPower Turbo technology. The 3-litre 6-cylinder in-line petrol engine of the X5 xDrive40i produces 381 hp and 520 Nm of torque, accelerating from 0 to 100 kmph in 5.4 seconds. The 3-litre 6-cylinder in-line diesel engine of the X5 xDrive30d produces 286 hp and 650 Nm of torque, with a 0-100 km/h time of 6.1 seconds. Both engines also feature a 48V electrical motor.

The xOffroad package is now available for the X5, providing four driving modes: xSand, xRocks, xGravel and xSnow. The package also includes reinforced underbody protection.

Safety systems on the new X5 include Parking Assistant Professional with Surround View Camera, Reversing Assistant and Drive Recorder. The cars are also equipped with airbags, Dynamic Stability Control (DSC) and an electronic immobiliser.

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Maruti Suzuki True Value (MSTV), India's leading pre-owned car retail network, has attained a new sales milestone of selling over 6 million cars since its launch in 2001, which includes 492,697 vehicles in FY2024–25 alone.

The milestone, the company shared, highlights the channel's sustained growth and its status as a preferred choice for consumers seeking quality pre-owned vehicles.

Partho Banerjee, Senior Executive Officer of Marketing & Sales, Maruti Suzuki India, said, "As we celebrate the 6 million sales milestone, we are deeply grateful to all our valued customers for their trust in True Value cars," he said. "Established over two decades ago, Maruti Suzuki True Value has consistently been a top consideration for a diverse demography of customers as a reliable and safe pre-owned car channel."

Banerjee also noted that MSTV is especially popular with younger buyers, with an average customer age of 31. Eighty-five per cent of True Value customers are first-time car owners. The company's focus on "industry-leading services" is designed to provide customers with "complete peace of mind."

All Maruti Suzuki True Value-certified vehicles undergo a rigorous 376-point quality check and are refurbished with genuine Maruti Suzuki parts. The company stated it verifies each car's service history and documentation before it is offered for sale. To further build customer confidence, certified cars come with a warranty of up to one year and three free services.

At present, the company’s network includes 606 showrooms across 305 cities in India.

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