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.