Nissan To Hike Prices Across Models By Up To 3% From January

Nissan Group of India on Monday (14 December) said it will increase prices of its Nissan and Datsun range of vehicles by up to 3 per cent from January, 2016.

“The price increase is to offset the rising input costs.The revision of prices will soften the negative impact and help the company stay competitive,” Nissan Motor India Managing Director Arun Malhotra said in a statement.

Last month, all major carmakers in India have announce a hike in prices for their vehicles. Nissan is the latest company to follow the trend.

Already various car makers including Toyota, General Motors India and German luxury car makers Mercedes Benz and BMW have announced a hike in prices of their vehicles across models from January to offset rising input costs.

Just like other automakers, Nissan has also attributed rising input costs as the chief reason to go for a hike.

Nissan brand of vehicles in India range from the Micra hatchback to SUV Terrano with prices starting from Rs 4.47 lakh to Rs 12.91 lakh (ex-showroom Delhi).

Nissan at the moment is selling the Datsun GO, GO+ while Nissan has the Micra Active, Micra, Sunny, Terrano at the moment. The Japanese automaker has plans to add more products in the near future.

Nissan will be unveiling the Datsun GO-CROSS at the 2016 Auto Expo and the X-Trail will also be revealed in India for the first time. The Nissan brand has plans to add multiple SUVs to their Indian car portfolio in the coming years. The new-generation Micra is also due to be launched in India next year sometime.

Last week, the country's largest carmaker Maruti Suzuki India had also said that it would hike prices of its vehicles across models by up to Rs 20,000 from January to offset impact of rising costs and weakening of the rupee against the US dollar while rival Hyundai Motor India had also announced that it would hike prices of its products by up to Rs 30,000 from next month for similar reasons.