Nissan India sells 3,975 units in November

Nissan India sold 3,975 vehicles in the domestic market in November 2016 compared to the 2,617 units sold in the same month a year ago. The carmaker's sales in the month were up 52% amid demonetization.

Commenting on the sales, Arun Malhotra, Managing Director, Nissan Motor India said, “Despite the impact of the liquidity crunch on the current demand for cars, Nissan India posted a healthy growth of 52 % in November with the continued solid performance of the Datsun redi-GO.”

To make the sales process seamless in the midst of demonetization, Malhotra said, Nissan India was "promoting cashless payment options such as use of cheques, debit/credit cards, e-wallets and other cashless services when they visit dealerships.”

On November 8, the government decommissioned the use of Rs 500 and 1000 notes which removed 86% of the total currency (in value terms) from the system, leaving the people in a tight liquidity crunch. 

Maruti's sales grew 14.2% in the domestic market in the month, while Eicher Motors sold 41% more Royal Enfields in the same period, even as concerns over the impact of demonetization on the automobile sector were looming large.