Japanese car maker Nissan today announced it will hike prices of its entire range of Nissan and Datsun vehicles on sale in India by up to Rs 18,000 from next month.
“The prices of Nissan products will be increased by up to 2.5 per cent and Datsun 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 the Nissan range of vehicles,” Nissan India said in a statement.
The company sells models such as the Micra Active, Micra, Sunny, Evalia and the Terrano in India under the Nissan brand currently priced between Rs 4.19 lakh and Rs 12.49 lakh (ex-showroom Delhi) and the entry-level Datsun GO (from Rs 3.12 lakh) under the Datsun badging.
“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,” Nissan Motor India Managing Director Arun Malhotra said.
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.
Besides, General Motors India, Tata Motors and Mahindra & Mahindra had also announced a hike in prices from next month citing higher input costs.