[Auto] This week in Auto: Kia Sonet bookings skyrocket to 50,000; Nissan’s last-ditch effort for India

[_Happy boy]

 

After a gap of 18 months, India’s domestic car market saw the first new model unveiling from Nissan, the smallest Japanese car brand in India. Despite a minuscule presence for several years, Nissan is hoping to make it big with the all-new Magnite. In today’s wrap we take a look at why the Magnite is important for Nissan. However, before that here is a complete look at all the important developments in the auto space this week.

Ather Energy cuts prices

Ather Energy, the electric two-wheeler startup, has launched a buyback programme for the 450X, guaranteeing a buyback for Rs 85,000 at the end of three years after purchase.

The Bengaluru-based company also has a buyback scheme on the 450+, one of its two models available in the market for sale, for Rs 70,000

Nissan Magnite unvieled

Nissan Motor Corporation unveiled the new Nissan Magnite on October 21. The Magnite will commercially be launched in January and bookings of the SUV will open in a few weeks.

Engineered in Japan, it is the first Nissan car that will be launched first in India before moving to other parts of the world. Prices of the SUV and details of the variants will be revealed at the time of the commercial launch.

Kia Sonet has 50,000 bookings, while Mahindra Thar clocks 15,000 bookings

The Kia Sonet was launched at an introductory price of Rs 6.71 lakh in August, and the company has just announced that 50,000 bookings have already been made.

Mahindra Thar 2020 has bagged over 15,000 bookings in a little over two weeks since its launch on