News

Nexa chain is now the no.3 car seller in India

In July 2015, Maruti launched Nexa - the second sales channel for the company in India. In less than 3 years since its launch, Nexa has become the third largest retail network in terms of sales volumes. 

In the first 10 months of the current fiscal (April-January FY2018), Maruti Suzuki sold 2,70,651 units through its Nexa chain, which puts it in third spot behind Maruti's regular sales channel which clocked total sales of 10,88,998 units followed by Hyundai's distribution network at 4,43,727 units. According to the Society of Indian Automobile Manufacturers (SIAM), fourth placed Mahindra sold 1,99,968 vehicles ahead of Tata Motors which clocked 1,67,208 units during the same period.

Reports indicate that Nexa outlets amounted to 19.9% of Maruti's overall sales volumes during the period of April-January FY2018. In comparison, the same figure for the last fiscal stood at 10.9%.

Currently, Maruti sells the Ignis, Baleno, Ciaz and S-Cross through its Nexa dealerships. As of January 31, 2018, Maruti Suzuki has 299 Nexa outlets spread across 171 cities. The company plans to add another 400 outlets by 2020.

Source: The Economic Times

 
Love Cars Live Cars