NEW DELHI — By any measure,has had a dreadful run in . A push to revive its lower-end brand flopped, sales have slumped 60% over the past five years, and its sole plant in the country is operating way below capacity.
But the amount of money and energy that Nissan — battered by scandal and expecting a record $4.5 billion annual operating loss worldwide — will spend to turn its fortunes around in India will hinge on the sales of one vehicle, its new Magnite compact SUV.
The SUV may also determine how much heft Nissan will wield as it and alliance partnerthrash out their respective roles in the Indian market.
Unveiled this month and due to be launched either late this year or early 2021, the Magnite will be Nissan’s firstin India in two years. It’s expected to have a 1.0-liter three-cylinder engine with 72 horsepower, and a turbocharged version of that engine making 100 horsepower. It will have features such as an 8-inch touchscreen, cruise control, and a 360-degree camera.
Moreover, it will be just one of three Nissan-branded models in…