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Business News/ Industry / Manufacturing/  Nissan India domestic sales rise 21% at 5,309 units in March
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Nissan India domestic sales rise 21% at 5,309 units in March

Nissan Motor India reports a 21% rise in sales in March at 5,309 units while also posting its highest-ever annual sales in fiscal year 2016-17

For the fiscal ended 31 March 2017, the company said it sold 57,315 units as against 39,393 units in the preceding financial year, up 45%. Photo: ReutersPremium
For the fiscal ended 31 March 2017, the company said it sold 57,315 units as against 39,393 units in the preceding financial year, up 45%. Photo: Reuters

New Delhi: Nissan Motor India on Saturday reported 21% rise in sales in March at 5,309 units while also posting its highest-ever annual sales in fiscal year 2016-17.

For the fiscal ended 31 March 2017, the company said it sold 57,315 units as against 39,393 units in the preceding financial year, up 45%.

“This fiscal year marked the highest-ever volume achieved by the company in India," the company said in a statement. Commenting on the performance, Nissan India operations president Guillaume Sicard said: “We are delighted by the progress and the acceptance of our products and services by our customers."

On the products front, he said: “Datsun redi-GO has been our most significant new model launch in the last year and has been a key driver of our success and raising brand awareness."

Sicard said looking ahead, in the medium-term Nissan India plans to launch right new products in India by 2021 with an aim to achieve 5% market share in India.

The company sells products across hatchback, MUV, SUV and sedan segments under the Nissan and Datsun brands in India.

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Published: 01 Apr 2017, 02:13 PM IST
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