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NIFTY24,173.050.84%
SENSEX77,664.001.09%
BANKNIFTY56,305.001.43%
NIFTY IT30,124.301.22%
PHARMA22,986.352.36%
AUTO25,828.102.35%
FMCG51,140.500.11%
METAL12,786.250.82%
REALTY788.651.83%
ENERGY39,996.750.25%

Nissan Motor India and Avis India Announce Strategic Partnership for Vehicle Leasing and Subscription-Based Offerings

Nissan Motor India and Avis India on Thursday announced a strategic partnership for vehicle leasing and subscription-based offerings. This collaboration aims to provide corporate customers with efficient, scalable, and asset-light mobility solutions.

Under the partnership, the Nissan Magnite and Nissan GRAVITE will be made available under leasing and subscription plans for a tenure of up to 60 months and 50,000 km usage. This move is expected to cater to the evolving needs of corporate customers seeking innovative and flexible mobility solutions.

The partnership is a result of the two companies' efforts to complement each other's strengths and capabilities. Nissan Motor India will leverage Avis India's operational capabilities to provide seamless leasing and subscription services to its customers. Meanwhile, Avis India will benefit from Nissan Motor India's product portfolio and expertise.

Read also: IKS Health Acquires TruBridge for $565 Million to Expand US Healthcare Presence

Key Highlights of the Partnership

ProductLeasing and Subscription TenureUsage Limit
Nissan MagniteUp to 60 months50,000 km
Nissan GRAVITEUp to 60 months50,000 km

As part of the partnership, Avis India will manage the lease lifecycle, including vehicle procurement, registration, maintenance, insurance, and end-of-term services. This comprehensive approach will enable corporate customers to focus on their core business activities while Avis India takes care of their mobility needs.

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