This 7-seater car worth ₹ 5.76 lakh saved Renault's nose! people buying every day

This 7-seater car worth ₹ 5.76 lakh saved Renault's nose! people buying every day

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Renault and Nissan sold a total of 5525 units in February 2026. Renault Triber sales increased by 56.57%, while Nissan Magnite sales declined by 4%. Renault Kiger sales increased by 61%. Let us take a look at the model wise sales reports of both the companies.

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Renault Triber remains the company's number-1 car.

Renault and Nissan have a very limited portfolio in the Indian market. Both the companies do business together here. Talking about the performance of last month, Renault has sold more than Nissan. A total of 3495 Renault vehicles were sold in February 2026. At the same time, Nissan has sold only 2230 units.

In this way, the total sales of both the companies in February 2026 was 5525 units. This figure shows a slight increase of 521 units on an annual basis as compared to 5004 units sold by them in February 2025. Nissan's performance is quite low. Let us take a look at their model wise sales report.

Renault Triber

Renault Triber is at number one in the list. This 7 seater car got 2419 new customers last month. This figure shows an impressive increase of 56.57 percent on an annual basis compared to the total 1545 units sold in February 2025. The company sells it at a starting ex-showroom price of only Rs 5.76 lakh.

Nissan Magnet

In terms of sales, Magnet is at second place. Last month it got a total of 2230 new customers. This figure shows a decline of 4 percent on an annual basis as compared to the total 2328 units sold in February 2025.

Renault Kiger

Renault Kiger is at third place in terms of sales. This 5-seater SUV was bought by 701 people last month. This figure shows an impressive increase of 61 percent on an annual basis compared to the total 433 units sold in February 2025.

Renault Kwid

Kwid is in fourth and last place. This cheap car of Renault got 375 new customers last month. This figure shows a decline of 46 percent on an annual basis compared to the total 698 units sold in February 2025.

Future Plan: Both the companies have started further preparations. On one hand, Renault Duster will soon start selling in the market. At the same time, Nissan has also launched Nissan Gravite by rebadging Triber. Due to these two models, sales of both the companies may increase in the coming days.

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Nissan shares fall after plans to cut jobs, production

Nissan shares fall after plans to cut jobs, production

Nissan is facing criticism for its hybrid strategy, with analysts highlighting its over-reliance on EVs. After huge job cuts and profit forecasts

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Nissan on Thursday cut its full-year operating profit forecast by 70 percent. The automaker completely scrapped its net forecast due to restructuring, which will cut costs by 400 billion yen. (Reuters)

Nissan Motor shares fell 6 percent in Tokyo trading on Friday, a day after the Japanese automaker said it would cut 9,000 jobs and 20 percent of its manufacturing capacity as it struggles with sales in China and the United States. Is struggling.

The stock posted its biggest one-day price drop since August, ending the session at 385.2 yen, just above a four-year low.

Japan's third-largest automaker on Thursday slashed its full-year operating profit forecast by 70 percent and completely scrapped its net forecast due to restructuring, which it said would cost the company in the fiscal year through March. There will be a cut of 400 billion yen ($2.61 billion). Ending.

Also read: Tesla was told to tone down enthusiasm for robotaxi, months before US investigation

Like many global automakers, Nissan is struggling in China where BYD and other domestic rivals are winning market share with affordable electric vehicles and petrol-electric hybrids equipped with advanced software.

Nissan has also been challenged in the US, where it has a shortage of hybrid vehicles because of the huge demand for that type of vehicle.

CEO Makoto Uchida said Thursday that Nissan did not expect the sudden popularity of hybrids in the US and that demand for modified versions of the core model was not as strong as expected.

Also read: Toyota COO criticizes US EV policies, calls for organic growth without mandate

Nissan's restructuring is the latest chapter in a long-running effort to revive its business, which has never fully recovered after ousting former Chairman Carlos Ghosn in 2018 and cutting its partnership with Renault.

On Friday, Economy, Trade and Industry Minister Yoji Muto declined to comment when asked by reporters for his views on possible government support for Nissan.

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Tokai Tokyo Intelligence Laboratory analyst Seiji Sugiura placed much of the blame for Nissan's U.S. hybrid situation on management, saying it expected to sell primarily new EVs and conventionally powered models.

Sugiura said, “The company released its mid-term plan this spring, but in the end it made no sense. I think their understanding of the situation is completely wrong.”

Nissan's mid-term plan announced in March included 30 new models over the next three years, increasing global sales to 1 million vehicles, increasing operating profit margins to more than 6 percent by the end of fiscal 2027 and total shareholder returns of 30 percent. It became more. ,

($1 = 153.2000 yen)

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First publication date: 09 November 2024, 10:05 am IST

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