Nissan India sells 3,975 units in November
Nissan records total sales of 3,975 vehicles in one month.
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.