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MarketScreener Homepage  >  Equities  >  Tokyo Stock Exchange  >  Nissan Motor Co., Ltd.    7201   JP3672400003

NISSAN MOTOR CO., LTD.

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Nissan Motor : unveils all-new SUV, the Magnite, built for urban adventures

10/21/2020 | 04:10am EST

2020/10/21

YOKOHAMA, Japan - Nissan today unveiled the all-new Nissan Magnite SUV, combining powerful performance, a striking exterior and advanced technologies to help customers tackle any urban environment.

Built on the philosophy of 'Make in India, make for the world,' the Nissan Magnite is Nissan's first SUV in the sub-4-meter Indian market category and signifies another milestone in Nissan NEXT, the company's global transformation plan. The model is scheduled to go on sale in India early next year and in other markets later.

Designed in Japan, the Nissan Magnite has been crafted to suit the unique requirements and aspirations of customers across India. With its bold exterior, roomy interior, powerful turbocharged engine and advanced safety technology, it's built to be the perfect city adventure companion.

The name 'Magnite' is a combination of the words magnetic and ignite, evoking the spirit of a new era in India and other growing markets around the world.

Bold, fresh styling

The Nissan Magnite's exterior sets itself apart thanks to bold, fresh design that gives it a confident and agile stance while still appearing vibrant and youthful. The all-LED front light package includes noticeable L-shaped daytime running lights that sit below the stylish slim LED headlamp. Together with the edgy grille, featuring Nissan's new brand logo, it gives the Nissan Magnite a striking SUV presence.

On the inside, the spacious layout includes a high seating position and wide shoulder space between the driver and front passenger. Rear passengers enjoy a level of knee room usually found in vehicles one class above. An 8-inch infotainment touchscreen with Apple CarPlay and Android Auto joins the first-in-class 7-inch thin-film-transistor instrument screen for a premium feel.

Function and safety

The Nissan Magnite is powered by an all-new, 1.0-liter turbocharged engine that is one of the most powerful in class. Built for urban adventures, the Nissan Magnite features 205 millimeters of ground clearance, Hill Start Assist technology, silver front and rear bumper skid plates, and functional roof rails. Nissan's 360-degree Around View Monitor technology enhances safety by helping spot obstacles around the vehicle.

To ensure it can handle the rigors of any road, the Nissan Magnite has been tested at Nissan's Tochigi Proving Ground in Japan, where vehicles like the Nissan GT-R and the upcoming Nissan Ariya crossover EV have been put through their paces.

To learn more about the Nissan NEXT transformation plan, visit www.thenissannext.com.

Contact

Koji Okuda or Azusa Momose
+81 (0)45-523-5552
nissan_japan_communications@mail.nissan.co.jp

For more information about Nissan's products, services and commitment to sustainable mobility, visit nissan-global.com. You can also follow us on Facebook, Instagram, Twitter and LinkedIn and see all our latest videos on YouTube.

Disclaimer

Nissan Motor Co. Ltd. published this content on 21 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 October 2020 08:09:10 UTC


© Publicnow 2020
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Sales 2021 7 855 B 75 226 M 75 226 M
Net income 2021 -508 533 M -4 870 M -4 870 M
Net Debt 2021 6 526 B 62 498 M 62 498 M
P/E ratio 2021 -4,11x
Yield 2021 -
Capitalization 2 106 B 20 126 M 20 169 M
EV / Sales 2021 1,10x
EV / Sales 2022 0,96x
Nbr of Employees 136 134
Free-Float 45,6%
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Number of Analysts 21
Average target price 457,78 JPY
Last Close Price 538,20 JPY
Spread / Highest target 175%
Spread / Average Target -14,9%
Spread / Lowest Target -62,8%
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Makoto Uchida Executive President & Chief Executive Officer
Yasushi Kimura Chairman
Ashwani Gupta COO & Representative Executive Officer
Stephen Ma Chief Financial Officer & Executive Officer
Anthony Thomas Chief Information Officer
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