Nissan Motor India, a subsidiary of Japan’s Nissan Motor, has increased the prices of three models in India, joining the bandwagon of car manufacturers hiking prices to offset the rising input costs.
The increase, which applies to all variants, ranges from 1.5 per cent to 2.5 per cent and is with effect from February 1, 2013.
Prices for the hatchback Micra will go up by 1.5 per cent, the mid-size sedan Sunny by 2 per cent and the urban class utility vehicle, Evalia by 2.5 per cent, the company said in a statement.
“The price rise, which we have held back for several months, is to offset the rising input costs and also ease the impact of currency fluctuation. Although we have to make this adjustment, our cars continue to represent outstanding value for our customers within the Indian market,” Nitish Tipnis, Director (Sales & Marketing), Hover Automotive India, said.
Hover Automotive India is Nissan Motor India’s sales company.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.