CarWale
    AD

    Nissan and Hover Automotive deal not over yet?

    Authors Image

    Selvin Jose

    4,595 Views
    Nissan and Hover Automotive deal not over yet?

    Nissan and Hover are headed for a split, as was reported by us yesterday. Though Nissan has gone ahead and said it, Hover Automotive India (HAI), the national sales company of Nissan India, begs to differ. 

    HAI has refused to acknowledge the split with Nissan India. HAI released a statement yesterday evening which reveals that both companies are in the process of negotiations and it is too early to say that the contract has been terminated. 

    The statement issued also says that Nissan can move ahead with its decision only with the “cooperation and consent” of HAI. Until then HAI will continue to be the sole and exclusive distributor for Nissan branded vehicles in India.

    Richard Spitzer, acting COO, Hover Automotive India, says Nissan does not have any legal basis for the termination of HAI’s services. Mr. Spitzer says that HAI will pursue the necessary course of action to protect the interest of its employees and stakeholders.

    Things aren’t looking too sunny for Nissan after they declared a split from HAI, the least they might expect now is a legal battle. Nissan, yesterday, also announced they will bring in new models by 2016-17. We will wait and see further developments in this issue.

    Source: IAB

    To read about Nissan's future plans for India click here

    To read about our last report on this development click here

     

    Related News

    Popular News

    Recent News

    Nissan Terrano [2013-2017] Gallery

    Featured Cars

    • SUVS
    • JUST LAUNCHED
    • Upcoming
    Tata Curvv
    Tata Curvv
    Rs. 9.99 Lakhonwards
    Avg. Ex-Showroom price
    Show price in my city
    Mahindra Thar Roxx
    Mahindra Thar Roxx
    Rs. 12.99 Lakhonwards
    Avg. Ex-Showroom price
    Show price in my city
    Hyundai Creta
    Hyundai Creta
    Rs. 11.00 Lakhonwards
    Avg. Ex-Showroom price
    Show price in my city
    Toyota Urban Cruiser Hyryder
    Toyota Urban Cruiser Hyryder
    Rs. 11.14 Lakhonwards
    Avg. Ex-Showroom price
    Show price in my city
    Maruti Suzuki Grand Vitara
    Maruti Grand Vitara
    Rs. 10.87 Lakhonwards
    Avg. Ex-Showroom price
    Show price in my city
    Mahindra Scorpio N
    Mahindra Scorpio N
    Rs. 13.85 Lakhonwards
    Avg. Ex-Showroom price
    Show price in my city
    Volkswagen Taigun
    Volkswagen Taigun
    Rs. 11.70 Lakhonwards
    Avg. Ex-Showroom price
    Show price in my city
    Kia Seltos
    Kia Seltos
    Rs. 10.90 Lakhonwards
    Avg. Ex-Showroom price
    Show price in my city
    Skoda Kylaq
    Skoda Kylaq
    Rs. 7.89 Lakhonwards
    Avg. Ex-Showroom price
    Show price in my city
    JUST LAUNCHED
    6th NOV
    Mercedes-Benz AMG G-Class
    Mercedes-Benz AMG G-Class
    Rs. 3.60 Croreonwards
    Avg. Ex-Showroom price
    Show price in my city
    JUST LAUNCHED
    22nd OCT
    Volvo EX40
    Volvo EX40
    Rs. 56.10 Lakhonwards
    Avg. Ex-Showroom price
    Show price in my city
    Mercedes-Benz E-Class
    Mercedes-Benz E-Class
    Rs. 78.50 Lakhonwards
    Avg. Ex-Showroom price
    Show price in my city
    BYD eMax 7
    BYD eMax 7
    Rs. 26.90 Lakhonwards
    Avg. Ex-Showroom price
    Show price in my city
    Nissan Magnite
    Nissan Magnite
    Rs. 6.00 Lakhonwards
    Avg. Ex-Showroom price
    Show price in my city
    Kia Carnival
    Kia Carnival
    Rs. 63.90 Lakhonwards
    Avg. Ex-Showroom price
    Show price in my city
    Kia EV9
    Kia EV9
    Rs. 1.30 Croreonwards
    Avg. Ex-Showroom price
    Show price in my city
    Maruti Suzuki Dzire 2024
    LAUNCHING SOON
    Nov 2024
    Maruti Dzire 2024

    Rs. 7.00 - 10.00 LakhEstimated Price

    11th Nov 2024Expected Launch

    Get Launch Alert on WhatsApp

    Mercedes-Benz AMG C 63 S E-Performance
    LAUNCHING SOON
    Nov 2024
    Mercedes-Benz AMG C 63 S E-Performance

    Rs. 2.00 - 2.10 CroreEstimated Price

    12th Nov 2024Expected Launch

    Get Launch Alert on WhatsApp

    Mahindra BE 6e
    Mahindra BE 6e

    Rs. 17.00 - 21.00 LakhEstimated Price

    26th Nov 2024Unveil Date

    Get Launch Alert on WhatsApp

    Mahindra XEV 9e
    Mahindra XEV 9e

    Rs. 50.00 - 52.00 LakhEstimated Price

    26th Nov 2024Expected Launch

    Get Launch Alert on WhatsApp

    Audi Q6 e-tron
    Audi Q6 e-tron

    Rs. 1.00 - 1.10 CroreEstimated Price

    Dec 2024 (Tentative)Expected Launch

    Get Launch Alert on WhatsApp

    Mercedes-Benz G-Class with EQ Power
    Mercedes-Benz G-Class with EQ Power

    Rs. 3.04 - 5.00 CroreEstimated Price

    Dec 2024 (Tentative)Expected Launch

    Get Launch Alert on WhatsApp

    Honda New Amaze
    Honda New Amaze

    Rs. 7.50 - 10.00 LakhEstimated Price

    Dec 2024 (Tentative)Expected Launch

    Get Launch Alert on WhatsApp

    Mahindra XUV.e8
    Mahindra XUV.e8

    Rs. 21.00 - 30.00 LakhEstimated Price

    Dec 2024 (Tentative)Expected Launch

    Get Launch Alert on WhatsApp

    AD
    • nissan-cars
    • other brands
    Nissan Magnite
    Nissan Magnite
    Rs. 6.00 Lakhonwards
    Avg. Ex-Showroom price
    Show price in my city
    Nissan X-Trail
    Nissan X-Trail
    Rs. 49.92 Lakhonwards
    Avg. Ex-Showroom price
    Show price in my city

    Nissan Terrano [2013-2017] Price in India

    CityOn-Road Prices
    MumbaiRs. 11.98 Lakh
    BangaloreRs. 12.01 Lakh
    DelhiRs. 11.43 Lakh
    PuneRs. 11.52 Lakh
    HyderabadRs. 11.73 Lakh
    AhmedabadRs. 11.20 Lakh
    ChennaiRs. 11.47 Lakh
    KolkataRs. 11.34 Lakh
    ChandigarhRs. 11.36 Lakh

    Popular Videos

    Mail Image
    Sign up for our Newsletter
    Get all the latest updates from the automobile universe
    • Home
    • News
    • Nissan and Hover Automotive deal not over yet?