Latest news with #NewNissanMagnite
The Hindu
28-05-2025
- Automotive
- The Hindu
New Nissan Magnite to come with CNG retrofitment kit
Reiterating its commitment to the Indian market, Japanese auto maker Nissan Motor India said it was on track to introduce three new models by early 2027 and increase domestic sales volume from 30,000 units in FY25 to one lakh units in FY27. It also said that during that year the company would achieve exports of 1 lakh vehicles from India. On Wednesday, the automaker announced that its new Nissan Magnite will be available with a government-approved CNG retrofitment kit from June 1, in seven States. The complete retrofitment will be available at competitive additional price of ₹74,999. It will later be expanded to other states across the country as part of Phase 2. The CNG kit option is available only with the New Nissan Magnite 1.0 litre naturally aspirated petrol engine with manual gearbox. 'With a view to meet the requirements of customers, Nissan Dealers will provide an alternate fuel option in the form of a government-approved CNG retrofitment kit which will be carried out at the authorised fitment centres for customers. We are confident that this move will enhance the popular compact SUV's value proposition and practicality,' said Saurabh Vatsa, MD, Nissan Motor India. 'We are not going anywhere. We had divested from the manufacturing plant of the alliance In Chennai, but we have secured capacity and will continue to sell in the domestic market. Rumours are untrue,' Mr. Vatsa added. 'I am putting to rest any speculation. We are not going anywhere out of India. We are well entrenched in India for last 60 years,' he said.
Hindustan Times
28-05-2025
- Automotive
- Hindustan Times
Nissan Magnite CNG launched at ₹6.89 lakh, but there's a catch. Check details
₹6.89 lakh, but there's a catch. Check details data-item-target-url=/auto/cars/ data-item-story-segment=Mass Vehicles> The Nissan Magnite CNG gets powered by a 1.0L naturally aspirated petrol engine mated to a 5 speed manual gearbox Check Offers The Nissan Magnite CNG has been launched in India with a starting price of ₹ 6.89 lakh, ex-showroom. Interestingly, the CNG kit with the Magnite is a retrofitted one, which means that these CNG kits are not factory fitted, rather fitted at the dealership level. The fitment of these kits will be carried out at government-authorised fitment centres. Nissan stated that the CNG Kit is fully developed, manufactured & Quality Assured by Motozen (3rd Party) as per country Regulatory Standards. Motozen will provide warranty for Kit components which will include a 12 kg single CNG cylinder. The rollout of this eco-friendly CNG kit fitment for the sustainability-aware and environment-conscious customer will be done in a phased manner across the country. In the first phase, Nissan customers can order the CNG kit installation via Nissan authorised dealerships in 7 states, namely Delhi-NCR, Haryana, Uttar Pradesh, Maharashtra, Gujarat, Kerala and Karnataka. It will later be expanded to other states across the country as part of Phase 2. Also Read : Nissan teases Duster-based SUV and Triber-based MPV yet again. Here's what to expect Nissan Magnite CNG: Specs The CNG kit option is available only with the New Nissan Magnite 1.0 litre naturally aspirated petrol engine with the 5 speed manual gearbox. While the carmaker is yet to reveal the official power output and fuel efficiency figures, it is expected that the CNG powered Magnite will generate less power as compared to the petrol powered variants. This is common across every brand. Meanwhile, the fuel efficiency is expected to increase as with every other CNG vehicle. Nissan Magnite CNG: Features In terms of features, the 2024 Nissan Magnite continues to get an 8-inch touchscreen infotainment system with wireless Android Auto and Apple CarPlay, a 7-inch digital instrument cluster with enhanced graphics, push start/stop button, automatic climate control, and USB Type-C ports. However it misses out on an electric sunroof. Also Read : Renault buys Nissan's 51% stake in India joint venture, takes full control of operations In terms of safety, it gets six airbags as standard, in addition to a high-speed alert system, ISOFIX child seat anchors, an emergency stop signal, a reinforced body structure, and Vehicle Dynamic Control (VDC) alongside Electronic Stability Control (ESC). Furthermore, the Magnite now includes a Tire Pressure Monitoring System (TPMS), Anti-lock Braking System (ABS) with Electronic Brakeforce Distribution (EBD), Traction Control, Hill Start Assist, and Hydraulic Brake Assist. Nissan Magnite CNG: Price The CNG retrofitment kit will be available across all the variants at an additional cost of ₹ 75,000. The Nissan Magnite range with the 1.0L naturally aspirated petrol engine starts at rs 6.14 lakh and tops out at ₹ 9.27 lakh. All the prices are ex-showroom. Check out Upcoming Cars in India 2024, Best SUVs in India. First Published Date: 28 May 2025, 13:30 PM IST
Time of India
28-05-2025
- Automotive
- Time of India
Nissan India introduces CNG retrofit kit for Magnite
Nissan Motor India is now offering a government-approved CNG retrofitment kit for its New Nissan Magnite SUV. The kit, developed by Motozen, will be available through Nissan dealerships in a phased rollout, starting with seven states. It is specifically designed for the 1.0-liter naturally aspirated petrol engine with manual gearbox, with fitment to be done at government-authorised centres at an additional cost of ₹ 74,999. The rollout of this CNG kit will be implemented in phases across the country, targeting sustainability-aware and environment-conscious customers. In the initial phase, Nissan customers can order the CNG kit installation through Nissan authorised dealerships in Delhi-NCR, Haryana, Uttar Pradesh, Maharashtra, Gujarat, Kerala, and Karnataka. The fitment of the CNG kits will be carried out at government-authorised fitment centres. Saurabh Vatsa, Managing Director, Nissan Motor India, commented: 'The New Nissan Magnite has been a phenomenal product for us and has led the success story in India. With a view to meet the requirements of customers, Nissan Dealers will provide an alternate fuel option in the form of a government-approved CNG retrofitment kit which will be carried out at the authorised fitment centres for customers. We are confident that this move will enhance the popular compact SUV's value proposition and practicality.'
India Today
28-05-2025
- Automotive
- India Today
Nissan Magnite now comes with a CNG retrofit Kit at Rs 74,999
In a bid to offer eco-friendly mobility solutions, Nissan Motor India has announced the availability of a government-approved CNG retrofitment kit for its popular sub-4 metre SUV, the Nissan Magnite. Priced at Rs 74,999, the CNG kit offers enhanced fuel efficiency and a greener alternative to CNG retrofitment kit, developed and quality-certified by Motozen—a government-approved third-party vendor—comes with a 3-year or 1 lakh kilometre warranty on kit components. The installation will be carried out exclusively at government-authorised fitment centres, ensuring compliance with local regulations and safety CNG option will be available only with the 1.0-litre naturally aspirated petrol engine paired with a manual transmission. In its first phase, the rollout will cover seven states: Delhi-NCR, Haryana, Uttar Pradesh, Maharashtra, Gujarat, Kerala, and Karnataka. The program will later be extended nationwide as part of the second phase. Saurabh Vatsa, Managing Director of Nissan Motor India, said, 'The New Nissan Magnite has been a phenomenal product for us and has led the success story in India. With a view to meet the requirements of customers, Nissan Dealers will provide an alternate fuel option in the form of a government-approved CNG retrofitment kit which will be carried out at the authorised fitment centres for customers. We are confident that this move will enhance the popular compact SUV's value proposition and practicality.'advertisementThe New Magnite boasts 20+ first and best-in-segment features along with 55+ safety features. It is exported to over 65 countries in both right-hand and left-hand Drive this new CNG option, Nissan aims to boost the Magnite's appeal among cost-conscious and environmentally aware buyers, further strengthening its position in the competitive compact SUV to Auto Today Magazine
Yahoo
01-04-2025
- Automotive
- Yahoo
Nissan sells its Indian plant to Renault to raise cash
Nissan Motor Corporation and Renault Group jointly announced that they are restructuring their alliance, with the Japanese automaker agreeing to sell its 51% stake in their Indian joint venture, Renault Nissan Automotive India Private Ltd (RNAIPL), to its French partner. The transaction is scheduled to be completed by the end of the second quarter of 2025, increasing Renault's stake to 100% and freeing up much-needed cash for Nissan. The Japanese automaker confirmed that RNAIPL will continue to produce Nissan models at the plant in Chennai, including the New Nissan Magnite, and that the plant will continue to 'serve as a crucial pillar for the company's future expansion plans,' adding that 'Nissan will maintain its presence in India with a strong focus on increasing market coverage.' Nissan pointed out that the sale of its majority stake in RNAIPL represents a major opportunity for Renault to expand its international business, as part of its '2027 International Game Plan' in which the French automaker revealed plans to accelerate its expansion in India. The Chennai plant has a production capacity of over 400,000 vehicles per year and currently produces models based on the jointly developed CMF-A and CMF-A+ (Common Module Family) platforms, with plans to introduce the CMF-B platform in 2026 along with four new models. With 2025 expected to be a peak year for investment for RNAIPL, the sale of its 51% stake before the end of the first half of the year is expected to generate €200 million in free cash flow for Nissan. The two companies plan to continue to operate their Renault Nissan Technology & Business Center India (RNTBCI) joint venture, in which Nissan has a 49% stake and Renault Group a 51% stake. They also plan to continue their current joint projects and to maintain their relationship in India, with Nissan continuing to source products from RNAIPL for sale locally and for export. The two companies also confirmed that Renault will develop and produce a derivative of its Twingo small car, which Nissan will help design and sell under its own brand. The two companies plan to amend their New Alliance Agreement 'to increase the flexibility of each party regarding their cross-shareholdings, by setting the lock-up undertaking at 10% instead of 15% currently.' This entitles both Renault and Nissan, with no obligation, to lower their respective shareholdings to a minimum of 10%. Nissan has also been released from its commitment to investing in Renault's Ampere battery electric vehicle (BEV) company, with the agreement signed in 2023 to be terminated. Ivan Espinosa, President and CEO of Nissan, said in a statement:'Nissan is committed to preserving the value and benefits of our strategic partnership within the Alliance while implementing turnaround measures to enhance efficiencies. Our goal is to create a more agile and effective business model that allows us to respond quickly to changing market conditions and conserve cash for future investments.' He added that Renault remains 'committed to the Indian market' and that 'India will remain a hub for research and development, digital and other knowledge services. Our plans for new SUVs in the India market remain intact, and we will continue our vehicle exports to other markets under the 'One Car, One World' business strategy for India." Luca de Meo, CEO of Renault Group, pointed out:'As a long-time partner of Nissan within the Alliance and as its main shareholder, Renault Group has a strong interest in seeing Nissan turn around its performance as quickly as possible. Pragmatism and a business-oriented mindset were at the core of our discussions to identify the most effective ways of supporting their recovery plan while developing value-creating business opportunities for Renault Group. This Framework Agreement, beneficial for both parties, is the proof of the agile and efficient mindset of the new Alliance. It also confirms the attractiveness of our products with Twingo as well as our ambition to grow our business on international markets. India is a key automotive market and Renault Group will put in place an efficient industrial footprint and ecosystem.' "Nissan sells its Indian plant to Renault to raise cash" was originally created and published by Just Auto, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
