On 610 acres in Oragadam SIPCOT, the Renault-Nissan facility was opened in 2008, and on January 1, 2010 it began producing cars.
Chennai: On Sunday, Industries Minister Thangam Thennarasu said that the Renault Nissan plant in Oragadam, close to Chennai, would not close and that no jobs would be lost.
“The car company had decided to reduce the production of Datsun type cars and instead concentrate on new varieties of automobiles in order to rationalize the production of cars according to market needs. Despite the global shortage of semiconductors, Renault-Nissan did not stop producing cars and assured that there will be no issues keeping the production at their Oragadam plant going “, according to a statement from Thangam Thennarasu.
The declaration is a response to claims made by AIADMK Coordinator O Panneerselvam, who stated in a statement that Renault-Nissan was planning to close down its plant and that job losses were a possibility for the workers. The Minister declared that, in contrast to the AIADMK reign, during which Nokia closed its facility and Kia Motors relocated to Andhra Pradesh, no such instances will occur.
Thangam Thennarasu stated that “the manufacturing continues unabated and a large number of companies are coming forward to invest in the state due to the confidence that the industries have in Chief Minister MK Stalin,” adding that “the statement of Panneerselvam was intended only to tarnish the image of the state government and has no truth in it.”
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Is Nissan making a stop in India?
Nissan India MD Rakesh Srivastava has formally denied rumors that the company intends to leave the Indian market.
As part of a bigger global transformation strategy, Nissan India, according to Srivastava, is concentrating on its core models and market sectors. The Nissan NEXT program’s first vehicle to be introduced is the Magnite.
In December 2020, Nissan Magnite was introduced. One lakh reservations have been made, and 50,000 units will be produced through March 2022. The chief executive of Nissan India also disclosed that there is a waiting list of 5–6 months for more over 18,000 client orders for the Magnite.
Nissan announced the discontinuation of the Datsun brand in India earlier this month. A member of parliament tweeted in reaction, “Indian operations of Japanese automaker Nissan are to be closed.” This had fueled rumors that the business was leaving the market.
Are Nissans still worth anything?
Even though you have loved your Nissan from the day you purchased it, the time will come when you must part with it. But what price should you set for it? Your Nissan’s resale value must be determined by taking into consideration a number of elements. Let’s look at them:
Depreciation: As soon as a car leaves the dealership lot for the first time, its value begins to decline. Even popular models might lose up to 40% of their worth after three years of ownership, despite the fact that Nissans typically retain their value well.
Mileage: To get the best resale price, keep your car’s mileage between 12,000 and 15,000 miles each year and attempt to sell it before it reaches 100,000 miles.
Accident history: Naturally, accidents reduce the value of your Nissan. Your Nissan’s value may decrease by 15% to 30% even if it was totally repaired after the collision.
Popular models: Due to consumer demand, popular models like the Nissan Titan and Nissan Frontier, SUVs, and hatchbacks generally keep their value.
Interior and exterior conditions: The more new-looking your car is, the more money you can get for it when you sell it. Your Nissan’s value will decrease as a result of scratches, dents, and damaged upholstery.
Nissan is the finest, so why?
Nissan is a corporation that cares about the resale value of its cars because it understands that dependability is one thing, and style is quite another, but that both are meaningless without resale value to support them. Nissan places value in everything they do when designing a car, from utilizing high-quality components and manufacturing them well to making constant advancements with cutting-edge features to making sure you can afford to drive it! One of the finest reasons to purchase a car bearing the Nissan badge is its excellent cost.
What is Nissan’s outlook for India?
Nissan has chosen to discontinue the Datsun brand from the Indian market after Ford left. People had some doubts about whether Nissan will stay in the Indian market or not. Nissan’s MD has now dispelled the rumors that the company won’t be leaving and that they have a significant investment in India.
As part of Nissan’s worldwide transformation plan, Nissan India is concentrating on core models and segments that benefit consumers, dealer partners, and the company the most, according to Rakesh Srivastava, managing director of Nissan India. We want to reassure all current and potential Datsun owners that customer satisfaction is still our top concern and that our nationwide dealership network will continue to offer the best levels of warranty support, parts availability, and after-sales care.
Additionally, Nissan’s new “Nissan NEXT” plan was disclosed by Rakesh. For the company, the 2020 introduction of the Magnite compact SUV has been a huge success. In actuality, Nissan has produced more than 50,000 units of the Magnite through March 2022, and it has received over 1 lakh reservations.
The first car to be introduced in India in 2020 under the company’s global transformation plan Nissan NEXT is the Magnite, which offers highly aspirational value. With 50,000 production roll-outs in March 2022, it surpassed the milestone of one lakh plus client bookings, according to Rajesh Srivastava.
There are presently about 18,000 pending client reservations for Nissan Magnite. Currently, the wait time for the small SUV is between five and six months. Despite Nissan’s presence in India for the past 20 years and the reasonable demand for magnite, the manufacturer’s current market share is less than 1%. Chennai is home to just one Nissan production facility.
In spite of hurdles posed by semiconductor shortages and COVID-19, Srivastava stated, “We are servicing the client demand in the local and 15 export markets through our manufacturing unit in Chennai.”
Starting at Rs. 5.85 lakhs ex-showroom and going as high as Rs. 10.16 lakhs ex-showroom, The Magnite. There are six variations available. XE, XL, XV Executive, XV, XV Premium, and XV Premium are available (O).
Nissan offers two 1.0-liter, three-cylinder petrol engine choices for the Magnite. The first engine is a naturally aspirated unit that has a maximum output of 72 PS and a maximum torque of 96 Nm. Then there is the gasoline turbocharged engine, which has a maximum output of 100 PS and a maximum torque of 160 Nm. A 5-speed manual gearbox is standard with both engines. Also included is a CVT automatic transmission for the turbocharged engine. But after that, the production of torque drops to 152 Nm.
Renault Kiger, Tata Punch, and the base models of the Kia Sonet and Hyundai Venue are the Magnite’s main rivals. Tata Nexon, Maruti Suzuki Vitara Brezza, Mahindra XUV300, and Toyota Urban Cruiser are further compact SUVs that Magnite competes with. Additionally, the Kiger would have to compete with the incoming Citroen C3.
What is the issue with Nissan automobiles?
Nissan cars are frequently seen as a safe first choice for inexperienced drivers, but they are not without problems. Nissan’s cars, like those from other automakers, have their fair share of typical faults, from decaying bodywork and oil leaks to broken hood latches and problems with their CVT gearbox technology. In order to help you keep an eye out for issues and identify them early, we’ve compiled a list of some of the most frequently encountered issues for Nissan owners and those looking to purchase a new Nissan vehicle in the near future.
Who manufactures Nissan motors?
Renault presently receives three parts of the Nissan powertrain. Nissan receives four from Renault. They have created five engines or transmissions together. According to Kazumasa Katoh, senior vice president for powertrain engineering at Renault, it amounts to around 100,000 engines and 600,000 transmissions this year.
Nissan, a Japanese automaker?
When founder Yoshisuke Aikawa was elected president of Nihon Sangyo in 1928, the name Nissan was first used in Japan. Nihon Sangyo, which primarily deals in foundries and car parts, debuted on the Tokyo Stock Exchange in 1933 with the ticker name NISSAN.
Nissan superior to Toyota?
Toyota is known for producing some of the most dependable vehicles on the market. The business was rated as the second most dependable brand overall by Consumer Reports for 2021. Nissan ranked in sixteenth place, substantially further down the list.
How much does a Nissan tune-up cost?
When it comes time for a Nissan tune-up, you should budget between $300 and $500 for the work. The actual amount you wind up paying will vary based on where you reside and the mechanic you select, just like with many other car-related costs. A
In addition, the cost of a tune-up varies substantially depending on the model. The Rogue is one of the more reasonably priced vehicles, with a tune-up costing about $304 as opposed to the larger Pathfinder, which costs almost twice as much at $528.
Before making your decision, we advise doing a little comparison shopping and obtaining quotes from at least three different mechanics to make sure you won’t wind up overpaying. You can also go to your nearby Nissan dealership if you’d rather have a tune-up where you know your mechanic will only use Nissan-certified parts. I A I A I
Is Nissan repair expensive?
According to AAA, a car that is driven at least 15,000 miles annually has an average maintenance cost of $0.64 per mile. That works up to about $9,600 in annual maintenance costs. Nissan is among the least expensive car brands to maintain, along with Honda, Hyundai, and Toyota, according to RepairPal’s estimate of yearly maintenance and repair expenditures of about $500.
Despite the initial expense, routine maintenance can actually help you save money because well maintained vehicle parts live longer. The likelihood of failures and costly auto repairs can be significantly decreased with this type of maintenance. In the case of tires, a blowout could even be saving your life from a potentially fatal collision.
Your eligibility for any warranties you may have, including any manufacturer guarantees, breakdown protection provided by a vehicle service contract, or extended warranties, will also be maintained by maintaining a regular maintenance plan. On the other side, skipping planned maintenance would probably void the warranty, forcing you to pay upfront fees the next time you need to have your vehicle repaired.
A vehicle protection plan, such as those provided by Endurance, can enable you to make annual savings on both your planned maintenance schedule and unplanned repairs. In addition to providing outstanding mechanical component coverage, EnduranceAdvantageTM also covers up to $3,500 in annual general maintenance expenses. You only need to bring your car to a certified repair facility in the event of an unplanned breakdown, provide your Endurance contract’s documentation to the service manager, and we’ll handle the rest.
Which is more reliable, Honda or Nissan?
Honda has a solid reputation for dependability, and compared to Nissan models, their cars typically hold their value better over time. In other words, a used Honda may cost more than a used Nissan from the same year, but it will also be worth more when it comes time to trade it in.
Why isn’t Nissan well-liked in India?
For a very long time, Indians avoided purchasing Nissan cars because they had lost faith in the brand. If an automobile does not sell well, there will always be a problem with components, availability, and maintenance. Although the Nissan Kicks is not at all a bad product, low sales bring the car’s status to a very low level.
Do brand-new Nissans provide maintenance for free?
Nissan provides free maintenance, right? Nissan doesn’t currently provide free maintenance on a countrywide scale. Individual dealerships, however, could offer cost-free maintenance