Nissan will hike prices of its entire range of vehicles on sale in India by up to Rs 18,000 from next month.
Japanese carmaker Nissan today announced a price increase of up to Rs 18,000 across its Nissan and Datsun range of vehicles on sale in India effective January 1, 2015.
The prices of Nissan products will be increased up to 2.5 per cent, while the cost of Datsun cars will go up by up to 3 per cent. This translates into an increase of up to Rs 11,000 on Datsun cars and up to Rs 18,000 on Nissan range of vehicles.
Arun Malhotra, Managing Director, Nissan Motor India, said, “We have increased prices due to rising input costs, although we are confident Nissan and Datsun vehicles will continue to offer excellent value and choice to our customers. Despite recent high inflation, the outlook for the Indian economy is positive.”
Nissan currently offers the Micra Active, Micra, Sunny, Evalia and the Terrano in India, currently priced between Rs 4.19 lakh and Rs 12.49 lakh
(ex-showroom Delhi), and Datsun offers the Datsun GO with price range starting at from Rs 3.12 lakh.
Earlier this week, Maruti Suzuki India had announced its decision to hike prices of its models in the range of 2-4 per cent from next month to partially offset the impact of rising input costs.
Rival Hyundai Motor India has also announced a price hike by up to Rs 25,000 from next month across its models.
German luxury car maker BMW had said it will raise product prices in India by up to 5 per cent with effect from first week of January.