Nissan Motor India Claims Magnite B-SUV Offers Lowest TCO Experience
- By MT Bureau
- October 25, 2024
Nissan Motor India, a leading passenger vehicle manufacturer, has announced that its B-SUV offering, the new Magnite, promises best-in-class maintenance costs in its segment at just INR 39 paise per kilometre (for 50,000km), driving value for customers across India.
In addition, customers also get a standard 3-year (100,000 km) warranty, which can be further extend up to 6 years (150,000 km) at an additional cost. This extended warranty covers parts, repairs, and other expenses, mirroring the coverage provided with new vehicle warranties. Additional benefits include cashless repairs nationwide, no limits on the number of claims, and four labour-free services at all authorised service centres.
The OEM is also offering ‘Nissan Magnite Care’, a prepaid maintenance plan providing savings of up to 21 percent. This it says is a hassle-free plan that ensures expert care with genuine parts and diagnostic tools, preventing costly repairs and maintaining top performance and comfort. Available in two tiers - ‘Gold’ for comprehensive maintenance and ‘Silver’ for basic servicing - this plan can be transferred to new owners, boosting resale value.
Saurabh Vatsa, MD, Nissan Motor India said, “Customer satisfaction remains at the centre of everything we do at Nissan. We strive to bring them a seamless driving and ownership experience through our products and services. The range of pre-purchase and after-sales services we offer, including online service bookings, the Nissan Service Cost Calculator, and our extensive digital ecosystem ensures transparency and convenience throughout the vehicle’s lifecycle. Nissan is committed to its customers from start to end, with no compromise on the services being offered. We provide exceptional value to our customers, enriching and enhancing their brand experience.”
As part of its focus to provide transparency, Nissan offers services like the Service Cost Calculator via the Nissan Service Hub or Nissan Connect, providing clear cost breakdowns for labour and parts which helps customers know their expenses upfront. The Roadside Assistance service includes safety features such as speed alerts, real-time location sharing, emergency calls, and roadside services that are available 24x7 in over 1,500 cities.
For added ease, the ‘Pick-Up & Drop-Off’ service ensures swift vehicle servicing and a 90-minute delivery after essential maintenance tasks. Customers can also opt for the ‘Nissan Doorstep Service,’ which brings periodic maintenance and minor repairs directly to their location, complete with digital payment options.
The Nissan Magnite B-SUV recently crossed 150,000 cumulative sales across domestic and export markets till August 2024
Tata Motors Passenger Vehicles Reports 14% Growth For FY2026
- By MT Bureau
- April 01, 2026
Tata Motors Passenger Vehicles, has reported its best-ever annual performance in FY2026 with wholesales of 641,587 units, up 15 percent YoY. This includes 631,387 units in the domestic market, up 14 percent, while exports came at 10,200 units, up 281 percent YoY.
For March 2026, the company’s sales came at 66,192 units, up 28 percent, while exports came at 779 units, up 204 percent YoY.
Interestingly, electric vehicles recorded its highest-ever quarterly sales of approximately 27,000 units, a 69 percent increase YoY. Annual EV volumes reached 92,120 units. On the other hand, sales of CNG vehicles crossed 170,000 units, up 24 percent YoY.
The Nexon and Punch models were the top-selling SUV models in the second half of the financial year. Recent launches, including the Sierra, a refreshed Punch and petrol variants of the Harrier and Safari, also saw continued customer traction.
The company expects the passenger vehicle industry to reach record annual volumes of approximately 4.7 million units, reflecting an 8 percent growth. Tata Motors emerged as the second-ranked player in the industry based on Vahan registrations during the second half of FY2026.
Shailesh Chandra, MD and CEO, Tata Motors Passenger Vehicles, said, “PV industry sales are expected to reach record volumes of around 4.7 million units for the year, reflecting 8 percent year on year (YoY) growth. The industry witnessed a strong rebound in the second half, posting double digit growth, supported by GST 2.0 implementation and a robust festive season. For Tata Motors Passenger Vehicles, FY26 has been a landmark year marked by multiple milestones. We achieved our highest ever annual sales volumes of over 640,000 units, delivering industry beating growth of 15 percent YoY and ended it with strong positive momentum. Looking ahead, industry momentum is expected to sustain, led by growth in SUVs, CNG and EV. At the same time, the industry will need to closely monitor geopolitical developments to mitigate potential supply-side risks.”
Honda Cars India Sells 7,585 PVs In March 2026
- By MT Bureau
- April 01, 2026
Honda Cars India (HCIL), a leading manufacturer of passenger vehicles, has recorded domestic sales of 7,585 units in March 2026, up 5 percent YoY, as compared to the 7,228 units sold last year. The company also reported exports of 2,451 units for the month.
The sales growth was supported by demand for the Amaze and Elevate models. Honda Cars India intends to expand its vehicle lineup in the upcoming financial year, with the launch of its first battery electric vehicle (BEV) scheduled for the second half of the year.
Kunal Behl, Vice-President, Marketing & Sales, Honda Cars India, said, “Demand for all Honda models specially Amaze and Elevate continues to be strong with exciting promotions and product offerings which helped us achieve 5 percent growth during Mar 2026. We are excited to enter the new fiscal with plans to expand our lineup, including the launch of our first BEV in the second half. We remain highly optimistic that our strong focus on customer satisfaction will continue to drive growth and sustain positive momentum.”
Nissan Motor India Sells 4,408 Units In March 2026, Clocks Best Monthly Sales In 5-Years
- By MT Bureau
- April 01, 2026
Nissan Motor India (NMIPL), one of the leading passenger vehicle manufacturers, has recorded its best-ever monthly sale in March 2026, its highest in the last five years.
The company sold a total of 10,388 units in March 2026, which includes 4,408 units in the domestic market, while exports came at 5,980 units. This marks a 98 percent growth in domestic wholesales compared to February 2026.
The company attributed the smart uptick on the back of beginning of customer deliveries for the Nissan Gravite MPV, while the Nissan Magnite maintained its sales momentum. The expansion of its network presence also supported increasing customer traction.
The start of Gravite deliveries is identified as a milestone in the company’s growth phase in India. Nissan intends to sustain this trajectory by strengthening sales and service experiences and further expanding its network footprint across the country.
Saurabh Vatsa, Managing Director, Nissan Motor India, said, “March has been a defining month for Nissan in India, the strong growth in domestic sales reflects the positive customer response to our product portfolio. With the commencement of customer deliveries of the all-new Nissan GRAVITE, we would like to thank our customers for their love and appreciation for the Nissan Brand. The over-whelming response to the product reinforces our confidence in the opportunities ahead. Together with the continued momentum of the Nissan Magnite, the dedication of our Network Partners and support of Nissan Finance & other Banking partners, we remain focused on strengthening our Sales & Service experience, while further expanding our network footprint for sustaining long-term growth in the Indian market.”
- Toyota Kirloskar Motor
- Hycross
- Fortuner
- Camry Hybrid
- Hilux
- Land Cruiser 300
- Taisor
- Urban Cruiser
- Rumion
- Glanza
- Sabari Manohar
Toyota Kirloskar Motor Sells 406,081 PVs In FY2026, Up 20%
- By MT Bureau
- April 01, 2026
Toyota Kirloskar Motor (TKM) reports 20 percent uptick in its wholesales for FY2026 with 406,081 units sold, as compared to 337,148 units last year.
The company recorded growth across both domestic and export markets during the financial year. Domestic sales rose by 19 percent to 367,107 units, while exports grew by 41 percent to 38,974 units.
In March 2026, Toyota Kirloskar Motor reported a 24 percent increase in total sales, with 37,194 units sold compared to 30,043 units a year ago.
|
Period |
FY 2024-25 |
FY 2025-26 |
Growth |
|
Domestic |
309,508 |
367,107 |
19 percent |
|
Export |
27,640 |
38,974 |
41 percent |
|
Total |
337,148 |
406,081 |
20 percent |
The company attributes a robust demand for its product portfolio, which was supported by the introduction of the Land Cruiser 300, as well as new grades and special editions for the Innova Hycross, Fortuner, Camry Hybrid and Hilux. Technical updates included a new six-speed automatic transmission for the Urban Cruiser Hyryder AWD variant.
The company also standardised six airbags across the Rumion, Glanza, Urban Cruiser Taisor, and Urban Cruiser Hyryder models. The Innova Hycross achieved a five-star Bharat NCAP rating during this period.
Toyota Kirloskar Motor expanded its market reach through customer-centric initiatives and brand engagement activities, including the Toyota Experiential Museum (TEM) and a tour by brand ambassadors Drum Tao. These efforts were intended to increase reach among younger audiences and reinforce the brand's mobility positioning.
Sabari Manohar, Executive Vice-President, Sales-Service-Used Car Business, Toyota Kirloskar Motor, said, “We delivered a positive performance this financial year, driven by sustained demand across our SUV, MPV and compact segments. The introduction of new products and customer centric initiatives during the year further helped position Toyota as a dynamic, technology driven and youth‑oriented brand. This momentum reflects the continued trust in Toyota’s quality, reliability and overall ownership experience. In a rapidly evolving market, such consistency underscores the strength of our fundamentals and positions us well for long‑term sustainable growth. We sincerely thank our customers, dealer partner, Government and other stakeholders for their trust & unwavering support. We remain focused on strengthening our product and technology offerings in line with our multi‑pathway approach of hybrid & electrified vehicle technologies in the mobility space. Looking ahead, we remain committed to creating long‑term value while continuously improving every touchpoint across the customer ownership journey.”


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