Nissan Magnite SUV Crosses 1.5 Lakh Unit Sales Milestone in 4 Years

The Magnite, Nissan's mid-size SUV, has surpassed the 1.5 lakh-unit cumulative sales milestone. It went on sale in December 2020, and nearly four years later, it achieved the milestone. Having sold 30,146 units of the Magnite SUV in FY2023-24, Nissan Motor India dispatched 2,404 examples in April 2024. After 3 straight months of decline in domestic sales, Nissan witnessed a slight increase in sales last month, during which 2,263 units of the Magnite were sold, registering a YoY growth of 0.2%. Meanwhile, exports stood at 8,361 units (336% YoY growth), taking the model's total wholesale sales to 10,624 units for August 2024. This is what Nissan says is the highest monthly wholesale sales it has achieved so far in FY2024 and the highest monthly export volume in the last five years. 

Also Read: Nissan Motor India Surpasses Export Milestone of 10 Lakh Units

'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 export business is delivering great results for India,' said Saurabh Vatsa, Managing Director, Nissan Motor India. 

He further added, '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 Magnite: Powertrain

The Nissan Magnite SUV is available with two engine options – a 1.0-litre naturally aspirated (NA) engine with 71bhp and 96Nm and a 1.0-litre turbo-petrol engine with 99bhp and 160Nm. The turbo-petrol mill is standard with a five-speed manual gearbox, while a CVT is offered as an option, which reduces torque to 152Nm; the naturally aspirated petrol engine, on the other hand, comes mated to a 5-speed automatic gearbox. The company offers the Magnite in different configurations: XE, XL, XV, XV Premium, Kuro Edition, and Geza Edition. 

Nissan Magnite: Price, Rivals

In India, the mid-size SUV is priced between 6 lakh and Rs 10.91 lakh (ex-showroom) and competes with the Hyundai Exter, Kia Sonet, Maruti Suzuki Fronx, Hyundai Venue, Tata Nexon, and Renault Kiger. The Magnite is not the only model Nissan sells in our market.

Also Read: Nissan X-Trail Launched in India at Rs 49.92 Lakh, Gets Single Variant with Mild-hybrid Engine

In early August, Nissan launched the fourth-generation X-Trail SUV in India, after unveiling it in mid-July. The new X-Trail is a premium 7-seater SUV priced at Rs 49.92 lakh (ex-showroom). It comes in a single variant with a mild-hybrid engine.  A 1.5-litre three-cylinder turbo-petrol engine paired with a 12V mild-hybrid system powers the X-Trail. The setup develops 161bhp and 300Nm of peak torque. Transmission is a shift-by-wire CVT automatic unit with front-wheel drive, which claims to have minimal rubberband effect.