GST Impact on Nissan: Varied discounts of up to 3 percent on offer depending on the variant and the location

Prospective buyers to get up to 3 percent rebates on the existing structure depending on the location, model and variant

By: | Published: July 7, 2017 11:19 AM

Nissan, manufacturing plant, Sunderland, northeast England, cyber attack, Japanese carmaker

 

According to automobile manufacturers across the nation, the GST roll-out has not only added a major boost to sales but also eased out the process of conducting business in the country. Thus allowing them some leeway on their existing maximum retail prices. Nissan is the latest in the long line of manufacturers passing these benefits in part to the consumer, allowing them a great stock clearance rate ahead of the peak pre-Diwali buying spree. At present Nissan only has three models on sale excluding the GT-R, the Micra Hatchback, the Sunny C-segment sedan and the Terrano which comes under the compact SUV bracket.Speaking on the GST, prior to announcing discounts Arun Malhotra, managing director, Nissan India Private Ltd. said, “The implementation of the GST is a positive move for both automobile manufacturers and customers. We are happy to pass on the benefits to our customers for a more attractive value proposition.” Now if you were expecting a large portion of benefits, think again, Nissan says they will offer up to three percent on various models depending on their location.

 

 

Which is far from significant among the slew of discounts being offered by other manufacturers, including the likes of Maruti Suzuki, Tata Motors, Honda Car India, Ford India, Jaguar Land Rover, Mercedes Benz. Nissan’s discounts will not be unilateral and are more of a show of good faith to their customers at a time when everyone else is also on offer. Now it’s very important to remember that although Nissan offered a 3% rebate, some states like Maharashtra have upped their road tax by 2% percent to pose a compromise for the loss of OCTROI duties, thus negating the entirety of the proposed discount.

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